KATHMANDU: Gold price decreased by Rs 700 in the domestic market today.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs. 109,800 per tola and standard gold is traded at Rs 109,300 per tola.

The precious yellow metal was traded at Rs. 110,500 per tola and standard gold at Rs 110,000 per tola on Thursday.

Similarly, the price of silver is fixed at Rs 1,335 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.