KATHMANDU: Gold price increased by Rs 400 in the Nepali market today.

According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs 118,000 per tola and standard gold is traded at Rs 117,450 per tola.

The precious yellow metal was traded at Rs. 117,600 per tola, and standard gold at Rs. 117,050 per tola on Sunday.

Similarly, the price of silver has been fixed at Rs 1,410 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.