KATHMANDU: The Federation of Nepal Gold and Silver Dealers’ Association has announced that the price of gold today has been set at Rs 194,400 per tola.

Earlier, on Sunday, the price of gold had dropped by Rs 1,100 per tola. It had also declined by Rs 500 on last Friday and Rs 2,400 on Thursday.

On April 21, the price of gold had reached a record high of Rs 197,900 per tola — the highest ever in Nepal.

Meanwhile, the price of silver has increased slightly today, rising by Rs 5 to reach Rs 2,310 per tola.