Jan 31, Kathmandu: Gold price decreased by Rs 500 per tola in the domestic market on Tuesday.

It is being traded at Rs 105,800 today. The price of the yellow metal was traded at Rs 106,300 on Sunday per tola (11.66 grams), according to the Federation of Nepal Gold and Silver Dealers Association.

Likewise, the price of worked gold is Rs 105,300 today. Similarly, silver is being traded at Rs 1,365 per tola.

According to Federation Chair Manik Ratna Shakya, the prices of gold and silver have soared in the Nepali market due to the rise in the international market. Prices of gold and silver are determined on the basis of international market prices