Gold fell to a three-and-a-half-month low of Rs50,500 per tola in the domestic market on Tuesday. Bullion traders attributed the decline to a strengthening US dollar against major currencies.
According to the Federation of Nepal Gold and Silver Dealers Association (Fenegosida), this is the biggest drop in a session since December 1, 2014 when gold was traded at Rs49,800 per tola.
