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

The price of gold dropped by Rs 4,000 per tola (11.66 grams), bringing it down to Rs 298,500. On the previous day, gold was trading at around Rs 302,500 per tola.

Silver prices also declined. The price of silver fell by Rs 355 per tola to Rs 5,390. A day earlier, silver was trading at Rs 5,745 per tola.