KATHMANDU: The price of gold has increased by Rs 500 in the Nepali market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), hallmark gold is being sold for Rs 91,000 per tola today.

The price of the hallmark gold was Rs 90,500 yesterday.

Similarly, tejabi gold is being traded at Rs 90,550 and silver at Rs 1,185 per tola today.