KATHMANDU: The price of gold in the Nepali market dropped by NPR 1,500 per tola on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold is now fixed at NPR 187,800 per tola. On Wednesday, the price of hallmark gold stood at NPR 189,300 per tola.

Similarly, the price of silver has also decreased. As per the federation, silver, which was priced at NPR 2,005 per tola on Wednesday, dropped to NPR 1,995 per tola on Thursday.