Gold price drops Rs 1,200 per tola on Monday

KATHMANDU: The price of gold has dropped by Rs 1,200 per tola (11.66 grams) in the domestic market today.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold has been determined at Rs 149,300 per tola today. It was traded at Rs 150,500 per tola on Sunday.

Similarly, the price of silver has decreased by Rs 25 per tola and is fixed at Rs 1,815 per tola today.