KATHMANDU: The fluctuation in the international market, the gradual increase in price, and the surge in demand have continuously driven up the price of gold in the domestic market.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of one tola of gold has been set at Rs 252,200 today. A tola is equivalent to 11.66 grammes.

Today, the price of silver has also increased and has been fixed at Rs 3,490 per tola.

On Friday, the gold price was fixed at Rs 250,600 per tola while silver was traded at Rs 3,345 per tola.

According to international media, today an ounce of gold is being traded at 4,175 US dollars and the same amount of silver at 54 US dollars.