KATHMANDU: The price of gold, which saw a record high on Thursday, decreased by Rs 1,000 in the domestic market on Friday.

The price of yellow metal is being traded at Rs 105,800 on Friday per tola (11.66 grams), according to the Federation of Nepal Gold and Silver Dealers Association.

The price of gold was Rs. 106,900 on Thursday.

Likewise, the price of worked gold is Rs 105,300 today.

Similarly, silver is being traded at Rs 1,380 per tola. The price of silver has remained unchanged.

According to Federation Chair Manik Ratna Shakya, the prices of gold and silver have soared in the Nepali market due to the rise in the international market.

Prices of gold and silver are determined on the basis of international market prices.