KATHMANDU, FEBRUARY 11

The price of gold in the domestic market increased by Rs 600 per tola on Tuesday, continuing its recent upward trend.

According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is now being traded at Rs 170,200 per tola, up from Rs 169,600 per tola on Monday. Gold prices have been steadily rising in recent days, nearing the all-time high of Rs 171,000 per tola, recorded on Kartik 15 in the Nepali calendar.

The price of gold in the month of Magh started at Rs 155,000 per tola and, except for a few fluctuations, has steadily increased throughout the month.

In contrast to gold, silver prices fell by Rs 30 per tola in the Nepali market today. Silver, which was traded at Rs 1,975 per tola on Monday, dropped to Rs 1,945 per tola on Tuesday.