Gold price increases by Rs 700 per tola

KATHMANDU, Aug 26: The price of gold has increased by 700 rupees per tola in the Nepalese market this week. 

Last Friday, the price of hallmarked fine gold in the market was Rs 110 thousand and 400 per tola. It has increased to Rs 111 thousand 100 this Friday, according to the Gold and Silver Federation.

Similarly, the price of Tejabi gold is Rs 110 thousand and 550 per tola this Friday.

The price of silver has also increased this week. It has increased by Rs 60 per tola compared to last week. The price of silver was Rs 1390 which has increased to Rs 1450 per tola this Friday.

It's important to note that one tola is equivalent to 11.66 grams.

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