KATHMANDU: The price of gold increased on Monday while the price of silver has remained unchanged.
The price of gold has increaded by Rs 400 per tola today, reaching Rs 150,100, according to the Federation of Nepal Gold and Silver Dealers.
On Sunday, gold had dropped by 400 rupees per tola, bringing it to 149,700 rupees.
Earlier, on Friday, the price of gold had fallen by 600 rupees per tola. Over the past week, the price of gold has declined by a total of 18,500 rupees per tola in just two days.
Meanwhile, the price of silver remains steady at 1,865 rupees per tola, the same as yesterday.
The recent drop in the price of both gold and silver follows a reduction in customs duties by the government.