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 173, 800 per tola today. It was traded at Rs 174, 500 per tola on Sunday.

The price of silver, however, has increased by Rs 30 and is being traded at Rs 1,830 per tola today.