Kathmandu – Gold prices in Nepal fell by Rs 11,300 per tola over the week ending Kartik 27, as trading resumed following the Tihar holidays.
According to the Federation of Nepal Gold and Silver Dealers’ Association, gold was priced at Rs 283,000 per tola on Kartik 20 and had declined to Rs 271,700 per tola by Kartik 27.
The sharpest movement came on Friday, when the price dropped by Rs 12,600 per tola in a single session after several days without fresh price announcements during the holidays.
The Tihar break limited the number of trading days on which new gold rates were fixed, leaving prices unchanged on several dates.
The reported figures for the intervening days contain an inconsistency, but the opening and closing prices indicate a net weekly fall of Rs 11,300 per tola.
The decline is significant for jewellery buyers and traders returning to the market after the festival period.
