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Gold price decreases by Rs 700

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KATHMANDU, May 9: Bullion price has gone down by Rs 700 in the domestic market on Wednesday, according to Nepal Gold and Silver Dealers´ Association (NEGOSIDA).



The price of hallmark gold was traded at Rs 54,700 in the local market today. It was traded at Rs 55,400 on Tuesday.



Similarly, price of the worked gold was traded at Rs 54,490 where it was traded at Rs 55,190 on Tuesday, said NEGOSIDA.



The gold price has decreased following the reduction on the bullion price in the international market. The gold price had the record high in the domestic market on Friday and traded at Rs 56,000.



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