KATHMANDU:  Gold prices dropped in the market on Thursday, according to the Federation of Nepal Gold and Silver Dealers’ Association.

The price of gold fell by Rs 3,600 per tola, bringing it down to Rs 294,000. A day earlier, on Wednesday, gold was traded at Rs 297,600 per tola (11.66 grams).

Silver prices also saw a decline. The price of silver decreased by Rs 165 per tola and is now trading at Rs 4,780. On Wednesday, silver was priced at Rs 4,945 per tola.