KATHMANDU: The price of gold in the Nepali market dropped on Tuesday.

According to the Federation of Nepal Gold and Silver Dealers’ Associations, the price of hallmark gold fell by NPR 1,700 per tola, and is currently being traded at NPR 193,500 per tola. Previously, on Monday, gold was traded at NPR 195,200 per tola.

Similarly, the price of silver also declined today. It fell by NPR 10 per tola, and is now being traded at NPR 2,160 per tola, according to the Federation.