Both gold and silver prices dropped in the domestic market on Sunday (September 1).

While gold became cheaper by Rs 600 per tola (11.66 gram), silver became less expensive by Rs 25 per tola, according to the Federation of Nepal Gold and Silver Dealers Association.

After the decline, the hallmark gold is being traded at Rs 152,300 per tola. Last Friday (August 30), the association had fixed its price at Rs 152,900 per tola.

Similarly, silver price has been fixed for the day at Rs 1,795 per tola, down from Rs 1,820 last Friday.