Gold price increases by Rs 1,200 per tola

Kathmandu: Gold price that is continuously on rise for few days has increased by 1,200 per tola (11.333 grams) today.

The yellow metal was traded at the cost of Rs 70,300 per tola on Wednesday while it is being traded at Rs 71,500 today, according to the Federation of Nepal Gold and Silver Dealers’ Association.

The Association has shared that gold price was on continuous rise due to the effect of international market. It is the new high in six years in the country.