The price of gold has dropped by Rs 1, 200 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 118, 200 per tola today. It was traded at Rs 119, 400 per tola on Tuesday.

Meanwhile, tejabi gold is being traded at Rs 117, 650 per tola. It was traded at Rs 118, 850 per tola.

Similarly, the price of silver has dropped by Rs 15 and is being traded at Rs 1,400 per tola today.