KATHMANDU: Gold and silver prices in the market declined on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold fell by Rs 3,000 per tola (11.66 grams) compared to Tuesday.

Gold, which was traded at Rs 297,500 per tola on Tuesday, dropped to Rs 294,500 per tola on Wednesday.

Similarly, silver prices also eased. Silver, which was sold at Rs 4,945 per tola on Tuesday, decreased by Rs 30 to Rs 4,915 per tola on Wednesday.