Gold Prices Decrease in Nepali Market
KATHMANDU, June 14: The price of gold has decreased by Rs 400 per tola in the domestic market on Friday.
Fine gold is being traded at Rs 141,200 per tola today, marking a decline from Rs 141,600 per tola on Thursday.
Similarly, the price of standard gold is set at Rs 140,500 per tola today. It was sold at Rs 140,900 per tola on the previous day.
Impact of Market Trends
The decrease in gold prices could be attributed to various market factors such as fluctuations in international gold prices, changes in the value of the Nepali currency, and consumer demand.
Furthermore, the price of silver has also dropped by Rs 10 per tola. Silver is being traded at Rs 1,800 per tola today. It was sold at Rs 1,810 per tola yesterday.
Economic Analysis
The decrease in both gold and silver prices may reflect broader economic trends in the country. Investors and consumers should closely monitor these changes to make informed decisions about buying or selling precious metals.