The price of gold has dropped by Rs 700 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 118, 800 per tola today. It was traded at Rs 119, 500 per tola.

Meanwhile, tejabi gold is being traded at Rs 118, 250 per tola. It was traded at Rs 118, 950 per tola.

Similarly, the price of silver has dropped by Rs 5 and is being traded at Rs 1,415 per tola today.