KATHMANDU, May 24: Price of gold has increased by Rs. 750 per tola and reached Rs. 51,000 on Friday.

According to the Nepal Gold and Silver Dealers´ Association (NEGOSIDA), it was traded at Rs. 50, 250 per tola in Nepali markets on Thursday.

Similarly, price of worked gold has reached Rs. 50,750 per tola today, which was Rs. 50,000 on Thursday.

Likewise, silver is traded at Rs. 870 per tola with an increase of Rs. five. It was Rs. 865 on Thursday.

Chairman of NEGOSIDA, Mani Ratna Shakya, said that the price of gold and silver is increased due to the impact of international market.