Gold price goes up by Rs 1,300 per tola; being traded at Rs 94,000

KATHMANDU: The price of the precious yellow metal has increased by Rs 1,300 per tola in the market today.

With this, the price of hallmark gold has reached Rs 94,000 per tola. It was traded at Rs 92,700 per tola on Wednesday. According to the Federation of Nepal Gold and Silver Dealers' Association (FeNeGoSiDA), worked gold is being traded at Rs 93,500 today. The price of worked gold was Rs 92,200 on Wednesday. Similarly, the price of silver has gone up by Rs 20 per tola and has been fixed at Rs 1,270 per tola. It was Rs 1,250 yesterday. FeNeGoSiDA is authorised to determine the price of gold and silver every day on the basis of fluctuation in the price in the international market.

(1 tola is equivalent to 11.66 grams) 

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