KATHMANDU: There has been a significant drop in gold prices in the Nepali market on Friday.

According to the Nepal Gold and Silver Dealers’ Association, the price of gold has decreased by NPR 3,900 per tola. With this drop, the price of fine gold has been set at NPR 176,400 per tola on Friday. The previous day, gold was priced at NPR 180,300 per tola.

Similarly, the price of silver has also decreased by NPR 125. On Thursday, silver was priced at NPR 1,995 per tola, but on Friday, it has dropped to NPR 1,870 per tola.