KATHMANDU: Gold price increased by Rs 500 per tola in the domestic market on Thursday, setting a new high of Rs 99,000 per tola (11.664 grams).

According to Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), hallmark gold is being sold for Rs 99,000 per tola today.

The price of hallmark gold was Rs 98,500 per tola on Wednesday. Similarly, tejabi gold is being traded at Rs 98,560.

Likewise, The silver price is being traded at Rs 1,225 per tola.