KATHMANDU, Feb 4: Gold prices in the domestic market saw a decline of Rs 600 per tola on Sunday. Fine gold was being traded at Rs 118,900 per tola, down from the price of Rs 119,500 per tola on Friday. Similarly, the price of standard gold also decreased to Rs 118,350 per tola, compared to the price of Rs 118,950 per tola on Friday. In addition, the price of silver also experienced a decrease of Rs 20 per tola, with silver being traded at Rs 1,395 per tola on Sunday, compared to its price of Rs 1,415 per tola on Friday.
Insight: The decrease in the price of gold and silver in the domestic market may be influenced by a variety of factors including changes in international gold and silver prices, as well as fluctuations in the demand and supply of precious metals in the country. It is important for investors and consumers to stay informed about these fluctuations in order to make informed decisions regarding buying and selling gold and silver. Additionally, fluctuations in precious metal prices can also have implications for the overall economic stability of the country.
