KATHMANDU:  The price of gold in the Nepali market declined slightly on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold dropped by Rs. 800 per tola compared to Thursday. As per the new rate, the price of hallmark gold has been fixed at Rs. 194,700 per tola on Friday. On Thursday, it was traded at Rs. 195,500 per tola.

Similarly, the price of silver has also decreased. It is now set at Rs. 2,150 per tola, down from Rs. 2,200 per tola on Thursday.