KATHMANDU: Gold price increased by Rs 1,200 on Thursday compared to the previous trading day.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs 109000 per tola and standard gold is traded at Rs 108,500 per tola.

The price of the precious yellow metal was Rs 107,800 per tola and standard gold was traded at Rs 107,300 per tola on Monday.

Similarly, the price of silver is fixed at Rs 1,360 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.