Nepal, Feb. 3 -- The price of gold slipped by Rs 52,700 per tola in the domestic market of Nepal over the past three days as an impact of a rallied-down price in the international market.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), gold jumped Rs 20,500 and reached a historic high of Rs 339,300 per tola (11.6638 grams) on Thursday. The precious yellow metal's price however dropped and was traded at Rs 286,600 per tola on Monday.

According to international media, gold slid more than 4 percent to below $4,700 per ounce on Monday, extending losses from the prior session when the precious metal suffered its steepest fall in more than a decade. "After a record-breaking rally over the past several m...