Gold price slumps Rs 1000 per tola

KATHMANDU: Gold price today has dropped Rs 1,000 per tola (11.66 grammes).

Price of Chhapawal (hallmark) gold has been determined at Rs 86,500 per tola today against Rs 87,500 on Wednesday.

Likewise, price of Tejabi (worked) gold has been set at Rs 86,050 per tola as against Rs 87,050 on Wednesday, according to the Federation of Nepal Gold and Silver Dealers Association.

Similarly, price of silver has been determined at Rs 1,285 per tola against Rs 1,315 on Wednesday, said the Federation.