KATHMANDU: Gold price increased by Rs 1,500 in the domestic market today.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs. 112,000 per tola and standard gold is traded at Rs 111,500 per tola.

The precious yellow metal was traded at Rs. 110,500 per tola and standard gold at Rs 109,950 per tola on Tuesday.

Similarly, the price of silver is fixed at Rs 1,395 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.