SATV KATHMANDU, Nov 12: Gold price which has been declining continuously has again decreased by Rs 2,200 per tola in the domestic market on Thursday. 

According to the Federation of Nepal Gold and Silver Dealers' Associations, the price of gold has been set at Rs 160,000 per tola, down from Rs 162,200 per tola on Wednesday. 

On October 31, the price of gold reached its highest point of Rs 171,000 per tola. Since then the price of gold has decreased by Rs 11,000 per tola. 

Meanwhile, the price of silver has decreased by Rs 35 per tola. Silver is priced at Rs 1,905 per tola for today. On the previous day, silver was traded at Rs 1,940 per tola.