The price of gold has dropped by Rs 400 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, 500 per tola today. It was traded at Rs 118, 900 per tola on Sunday.

Meanwhile, tejabi gold is being traded at Rs 117, 950 per tola. It was traded at Rs 118, 350.

Similarly, the price of silver has dropped by Rs 5 and is being traded at Rs 1,390 per tola today.