KATHMANDU: Gold price increased by Rs 800 per tola in the domestic market today.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been set at Rs. 112,500 per tola, while standard gold is being traded at Rs. 111,950 per tola.

The precious yellow metal was valued at Rs. 111,700 per tola, and standard gold at Rs. 111,150 per tola on Tuesday.

In the same vein, the price of silver stands at Rs. 1,485 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.