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

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 117, 500 per tola today. It was traded at Rs 118, 200 per tola on Wednesday

Meanwhile, tejabi gold is being traded at Rs 116, 950 per tola. It was traded at Rs 117, 650 per tola.

Similarly, the price of silver has dropped by Rs 10 and is being traded at Rs 1,390 per tola today.