Gold price hits new record with Rs 121,600 per tola

KATHMANDU: The price of fine gold has recorded an all-time high of Rs 121,600 per tola in the domestic market today.

According to Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of hallmark gold has increased by Rs 800 per tola today as compared to Sunday.

Similarly, the price of worked gold has been determined at Rs 121,000 per tola today against Rs 120,200 on Sunday. Silver is being traded at Rs 1,545 per tola today.

(1 tola is equivalent to 11.66 grams, 1 ounce is equivalent to 28.3495 grams)