KATHMANDU: The price of gold has increased in the domestic market today following the increase in its demand and price rise in the international market.

The price of gold has been set at Rs 244,600 per tola (11.66 grams) today against Rs 241,700 on Friday. It has increased by Rs 2,900 per tola.

According to the Federation of Gold and Silver Dealers’ Association, silver is being traded at Rs 3,135 per tola. It was traded at Rs 3,100 on Friday.

As per the international media, gold is being traded at 4,063 US dollar per ounce while silver is trading at 51 US dollar per ounce in the international market today.