KATHMANDU: Gold prices rebounded in the domestic market on Sunday, rising by Rs 9,500 per tola (11.66 grams) after sharp declines earlier in the week.

According to the Federation of Nepal Gold and Silver Dealers’ Association, gold is now priced at Rs 300,500 per tola. Gold had fallen to Rs 291,000 on Friday after trading at Rs 295,200 on Thursday. Silver prices also increased by Rs 300 to Rs 5,010 per tola.

In the international market on Sunday, gold was traded at USD 4,467 per ounce and silver at USD 77 per ounce.