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Gold Price Drops by Rs 1,100 per Tola on myRepublica News

Luke Meyer by Luke Meyer
May 3, 2024
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Gold Price Drops by Rs 1,100 per Tola on myRepublica News

Gold Price Decreases by Rs 1,100 per Tola

KATHMANDU, May 3: The price of gold has decreased by Rs 1,100 per tola in the domestic market on Friday. Fine gold is being traded at Rs 135,400 per tola today, down from Rs 136,500 per tola on Thursday.

Silver Price Remain Stagnant

On the other hand, the price of silver has remained stagnant and is being traded at Rs 1,645 per tola on Friday.

Insight

Fluctuations in the prices of precious metals like gold are often influenced by various factors such as global economic conditions, geopolitical events, and demand-supply dynamics. Investors closely monitor these price changes to make informed decisions regarding their investments in these commodities.

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Luke Meyer

Luke Meyer

Luke Meyer stands as a distinguished expert in gold investing, committed to delivering top-tier information on gold prices to investors. With a rich background in the financial sector, Luke possesses a profound grasp of the gold market dynamics. His expertise isn't limited to market analysis; it also encompasses understanding economic trends and their influence on gold prices. At GoldPrices.org, he aims to offer precise and current insights, guiding investors to make informed choices. Luke's clear, engaging writing and rigorous research make him an authoritative source for anyone keen on understanding gold investing.

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