Gold prices, which have been rising for the past few days, declined on Wednesday. According to the Federation of Nepali Gold and Silver Merchants, gold is being traded at Rs 97,200 per tola and acid gold at Rs 96,700 per tola after declining by Rs 1,200 per ounce.
Gold had traded at Rs 98,400 per ounce on Tuesday. Similarly, the price of silver has also declined. Today, the tola has been reduced by Rs 30 to Rs 1,365 per tola. Silver was also traded at today’s price on Monday.
Gold and silver business has come to a standstill due to the ban issued in most parts of the country at this time.