The price of gold in the Nepali market fell by Rs. 4,800 per tola on Sunday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold, which had reached a record high on Friday, dropped to Rs. 253,200 per tola on the first trading day of the week.

On Friday, the price of hallmark gold had reached Rs. 258,000 per tola.

Similarly, the price of silver, which was Rs. 3,350 per tola on Friday, declined to Rs. 3,275 per tola on Sunday, according to the federation.