KATHMANDU: Gold and silver prices have increased in the local market on Tuesday, according to the Federation of Nepal Gold and Silver Dealers’ Association.

The price of gold rose by Rs 1,900 per tola, reaching Rs 198,500 today. On Monday, gold was traded at Rs 196,600 per tola.

Similarly, the price of silver has also gone up by Rs 25 per tola, now being traded at Rs 2,280 per tola, up from Rs 2,255 per tola the previous day.