KATHMANDU: Gold prices continued their downward trend today, with silver prices also decreasing.

According to the Federation of Nepal Gold and Silver Dealers Association, the price of gold fell by an additional Rs 1,000 per tola (11.66 grams) on Sunday, following a sharp drop of Rs 2,900 per tola last Friday.

As of today, the price of gold stands at Rs 188,400 per tola, down from Rs 189,400 per tola last Friday.

Similarly, the price of silver fell by Rs 25 on Sunday. Silver is being traded at Rs 2,140 per tola.

The continued price fall reflects fluctuations in the international market and shifting local demand.