The gold price has gone down by Rs 1,600 per tola on Wednesday, the fourth trading day of the week.
With the decrease in the price, the yellow precious metal is being sold for Rs 193,500, the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA) said.
The price of bullion was Rs 195,100 per tola yesterday.
On August 8, the gold price had hit a record high of Rs 199,400 per tola.
The price of silver has also gone down by Rs 45 per tola. With the slump in the price, the silver is being sold for Rs 2,255 per tola today.
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