KATHMANDU, Feb 2: The price of gold has increased by Rs 1,200 per tola in the domestic market today.

The price of fine gold, which was sold at Rs 106,300 per tola on Wednesday, is being sold at Rs 107,500 per tola today, according to the Federation of Nepal Gold and Silver Dealers Association.

Similarly, the price of standard gold is set at Rs 107,000 per tola on Thursday. It was sold at Rs 105,800 per tola on Wednesday.

Meanwhile, the price of silver has also increased by Rs 25 per tola to become Rs 1,395 per tola today. The silver was traded at Rs 1,370 per tola on Wednesday.