KATHMANDU: Gold and silver prices saw a slight fluctuation in the local market on Wednesday compared to Tuesday, with gold dropping by Rs 700 per tola (11.66 grams) while silver increased by Rs 15.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold has been fixed at Rs 302,200 per tola, while silver is priced at Rs 5,710 per tola.

On Tuesday, gold was traded at Rs 302,900 per tola and silver at Rs 5,695 per tola.

In the international market, gold is being traded at USD 4,725 per ounce, while silver stands at USD 87 per ounce, according to international media reports.