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Gold price drops by Rs 400 per tola – Latest update on gold prices from myRepublica

Luke Meyer by Luke Meyer
February 22, 2024
in News
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Gold price drops by Rs 400 per tola – Latest update on gold prices from myRepublica

KATHMANDU, Feb 22: The price of gold has seen a reduction of Rs 400 per tola in the domestic market on Wednesday.

The current price of fine gold stands at Rs 118,000 per tola, down from the previous day’s price of Rs 118,400 per tola. Similarly, the price of standard gold has also decreased to Rs 117,850 per tola from the earlier price of Rs 117, 450 per tola.

In addition, the price of silver has also experienced a decrease of Rs 15 per tola and is currently being traded at Rs 1,400 per tola, down from Rs 1,415 per tola on the previous day.

Insight: The decrease in the price of gold and silver in the domestic market may be attributed to various factors such as fluctuations in the international market, changes in demand and supply, and global economic and political conditions. Consumers and investors may monitor these shifts in prices to make informed decisions regarding their purchases and investments in precious metals. Additionally, it’s important for individuals to stay updated on market trends and news to understand the dynamics that influence the prices of gold and silver.

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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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