Gold prices down by Rs 1,100 per tola

KATHMANDU: Fluctuation in the price of gold continued on Thursday wit the yellow metal slumping Rs 1,100 per tola in the local bullion market to Rs 62,198 per tola. The price of the metal has seen a record high of Rs 63,300 per tola a day before on Wednesday.



Traders said they believe that the Nepali bullion market heavily depends on international prices of gold and the price of gold in domestic market has slumped following a slight decline of prices in the international market. Meanwhile, the price of silver fell by Rs 30 per tola to Rs 1,084 on Thursday.

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