Gold and silver prices in the domestic market witnessed a significant rise today, according to the Federation of Nepal Gold and Silver Dealers' Association.

The price of gold increased sharply by Rs. 6,000 per tola, reaching Rs. 302,700. Just a day earlier, gold was traded at Rs. 297,100, while earlier this week it stood at Rs. 296,700.

Silver prices also saw a notable jump, rising by Rs. 320 per tola to reach Rs. 5,220. Previously, silver was traded at Rs. 4,975 on Sunday and Rs. 4,900 on Monday.

In the international market, gold is currently trading at USD 4,828 per ounce, while silver stands at USD 80 per ounce, contributing to the upward pressure in local prices.