KATHMANDU: Gold price decreased by Rs 800 per told in the domestic market on Friday.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been set at Rs. 112,800 per tola, while standard gold is being traded at Rs. 112,250 per tola.

The precious yellow metal was valued at Rs. 113,600 per tola, and standard gold at Rs. 113,050 per tola on Thursday.

Gold prices had reached a remarkable all-time high in the domestic market on Thursday.

In the same vein, the price of silver stands at Rs. 1,480 per tola today.

The Federation determines the prices of gold and silver in the domestic market daily, taking into account the rates in the international market.