Bullion prices decline as gold falls to Rs 303,500 per tola

KATHMANDU: Bullion prices in Nepal declined today after a stretch of firm trading, offering a pause for buyers and investors alike.

Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) has set fine gold at Rs 303,500 per tola, down Rs 3,000 from Thursday’s Rs 306,500. Silver eased by Rs 340 to settle at Rs 5,000 per tola.

Globally, gold is trading near $4,970 per ounce, with silver around $77 per ounce, according to live market feeds.

Traders say profit-taking on international exchanges is the main driver, alongside calmer macroeconomic signals and anticipation of key data releases. Silver’s milder retreat reflects stable industrial demand and a lack of fresh catalysts.

Domestically, jewellery demand has quietened following the recent festive rush, allowing global movements to take centre stage. Market participants expect prices to remain responsive to overseas developments in the near term.