Gold price down Rs 3,800 per tola

Summary

The price of gold in the Nepali market has seen a substantial drop, decreasing by Rs 3,800 per tola. This significant reduction brings relief to consumers and potential buyers who have been facing high prices recently. The new price has been set by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) for today's trading. This downward trend could be influenced by various global market factors, including international gold prices and currency fluctuations. Such a notable decrease often stimulates demand, especially during festive seasons or for investment purposes.