KATHMANDU: The price of gold in the Nepali market has decreased by Rs 800 today.

According to the Nepal Gold and Silver Dealers’ Association, fine gold is priced at Rs 140,800 per tola, while standard gold is trading at Rs 140,100 per tola.

The price of gold was Rs 141,600 on Wednesday.

Similarly, the price of silver has been set at Rs 1,780 per tola today.

The Federation sets the prices of gold and silver in the domestic market daily, based on international market rates.

For reference, one tola is equivalent to 11.66 grams.