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.