KATHMANDU: Gold price increased by Rs 2,300 per tola in the Nepali market today.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs 115,500 per tola and standard gold is traded at Rs 114,950 per tola.

The precious yellow metal was valued at Rs. 113,200 per tola, and standard gold at Rs. 112,650 per tola on Tuesday (the last trading day).

Similarly, the price of silver is fixed at Rs 1,450 per tola today.

The Federation fixes the prices of gold and silver in the domestic market on a daily basis based on the price rates in the international market.