Gold and silver prices moved higher in Nepal's domestic market on Wednesday, reversing the previous trading session's mixed trend, according to the Federation of Nepal Gold and Silver Dealers' Association.

The latest benchmark rates show that the price of fine gold increased by Rs. 900 per tola, reaching Rs. 283,200 per tola. In the previous trading session on Tuesday, fine gold had traded at Rs. 282,300 per tola.

Silver prices also edged higher, rising by Rs. 10 per tola to Rs. 3,980 per tola, compared to Rs. 3,970 per tola in the previous session.

The updated rates published by the federation reflect a broad upward adjustment in precious metal prices in Nepal's domestic market.