KATHMANDU: The price of gold increased on Thursday, rising by Rs 400 per tola.

According to the Federation of Nepal Gold and Silver Dealers’ Association, gold that was traded at Rs 199,000 per tola on Wednesday closed at Rs 199,400 on Thursday.

The federation also reported a rise in silver prices, with an increase of Rs 10 per tola. Silver, which traded at Rs 2,345 per tola on Wednesday, was priced at Rs 2,355 per tola on Thursday.