Kathmandu. The price of gold has reached all- time high in the local market on Sunday. Gold price has decreased by Rs 7,300 per tola and silver by Rs 115 per tola.

According to the Federation of Nepal Gold and Silver Dealers Association, the price of hallmark gold is Rs 2,94,500 per tola today decreasing by Rs 4,300 per tola.

On Thursday, the price of gold was Rs 302,300 per tola and the price of gold was Rs 5,010.

On Wednesday, the gold price had risen by Rs 3,300 per tola to Rs 5,150 per tola.

According to media reports, 1 ounce of gold is being traded at USD 4,700 per ounce and silver is being traded at USD 75 per ounce in the international market today.