KATHMANDU, Dec 29: The price of gold has increased by Rs 1,300 per tola in the domestic market on Friday.

Fine gold is being traded at Rs 122,000 per tola today. It was sold at Rs 120,700 per tola on Thursday according to the Federation of Nepal Gold and Silver Dealers’ Associations.

Standard gold is currently being sold at Rs 121,400 per tola, compared to the rate of Rs 120,100 per tola set yesterday.

Moreover, the price of silver has also increased by Rs 15 per tola on Friday. Silver is being traded at Rs 1,490 per tola today. It was traded at Rs 1,475 per tola on Thursday.