November 12: Price of gold increased by Rs 1,700 per tola (equivalent to 11.66 grams) within a span of two days in the domestic market of Nepal.

As per the latest update provided by the Federation of Nepal Gold and Silver Dealers Association, hallmark (fine) gold is being traded for Rs 94,400 per tola on Friday (November 12).

The price of precious yellow metal, which was traded for Rs 92,700 per tola on Wednesday, increased by Rs 1300 per tola on Thursday to Rs 94,000. It further increased by Rs 400 per tola on Friday.

Similarly, price of silver has gone up by Rs 15 per tola on Friday to Rs 1285 against Rs 1,270 a day ago. Silver was traded for Rs 1,250 on Wednesday.    
The Federation determines the price of gold and silver every day on the basis of fluctuation of price in the international market.