Gold Price in Nepal (2025): Trends, Insights & FAQs
Gold holds a special place in Nepalese culture, symbolizing wealth, prosperity, and tradition. As we progress through 2025, understanding the dynamics of gold price in Nepal becomes crucial for investors, jewelers, and consumers alike.
Table of Contents
📈 Current Gold Price in Nepal (As of March 9, 2025)
According to Good-returns, the gold rates in Nepal are as follows:(Goodreturns)
- 24K Gold: ₨14,600.50 per gram
- 22K Gold: ₨13,432.46 per gram
- 18K Gold: ₨10,950.38 per gram(Goodreturns)
These prices have seen significant increases compared to the previous day, reflecting global market trends and local demand. (Fiscal Nepal)
📊 Gold Price Trends in Nepal
Over the past year, gold prices in Nepal have experienced notable fluctuations:
- October 2024: Gold reached a high of ₨167,400 per tola.
- Mid-2025 Projection: Prices are expected to approach ₨200,000 per tola, driven by geopolitical tensions and global economic uncertainties. (Kathmandu Post, New York Post)
These trends underscore gold’s role as a safe-haven asset during times of crisis.
🌐 Global Factors Influencing Gold Prices
Several international factors contribute to the rising gold prices:
- Geopolitical Tensions: Conflicts in regions like the Middle East have heightened demand for gold as a secure investment.
- Economic Uncertainty: Concerns over inflation and currency fluctuations have led investors to seek stability in gold.
- Central Bank Policies: Interest rate decisions and monetary policies globally impact gold’s appeal.(Reuters, New York Post)
Citigroup analysts predict that gold prices could reach \$3,000 per ounce within the next 6 to 18 months, emphasizing the metal’s bullish outlook. (New York Post)
🇳🇵 Domestic Factors Affecting Gold Prices in Nepal
Several local elements influence gold pricing in Nepal:
- Customs Duty: Increased from 15% to 20% in 2024, raising the cost of imported gold.
- Import Quotas: The Nepal Rastra Bank allows commercial banks to import up to 20 kg of gold daily.
- Smuggling Concerns: High price disparities with neighboring countries have led to increased gold smuggling activities. (Khatapana, Kathmandu Post, Fiscal Nepal)
💍 Cultural Significance of Gold in Nepal
Gold is deeply embedded in Nepalese traditions:
- Festivals: During Teej, Dashain, and Tihar, gold purchases surge as it’s considered auspicious.
- Weddings: Gold jewelry is a staple in matrimonial ceremonies, symbolizing prosperity.
- Inheritance: Gold items are often passed down generations, serving as both heirlooms and financial security.(Kathmandu Post, Goodreturns)
📏 Understanding Gold Purity and Types in Nepal
Gold in Nepal is categorized based on purity:(Nepali Sansar)
| Type | Karat | Purity (%) | Common Usage | |
|---|---|---|---|---|
| Hallmark Gold | 24K | 99.99% | Investment, ornaments | |
| Chhapawal | 24K | 99.50% | Jewelry | |
| Tejabi Gold | 22K | 91.67% | Traditional jewelry | (Goodreturns) |
The Nepal Bureau of Standards and Metrology (NBSM) oversees the hallmarking process to ensure gold purity standards. (Nepali Nerd)
🛡️ Gold as an Investment in Nepal
While gold is a popular asset globally, Nepal has specific regulations:
- Investment Restrictions: Direct investment in gold is not permitted; however, gold can be used as collateral for loans.
- Import Regulations: Only licensed entities can import gold, ensuring controlled distribution.
- Taxation: Customs duties and taxes impact the final price of gold in the domestic market.(Kathmandu Post, myRepublica)
📉 Challenges in the Gold Market
Nepal’s gold market faces several challenges:
- Price Disparities: Differences in gold prices between Nepal and neighboring countries encourage smuggling.
- Regulatory Hurdles: Strict import quotas and high duties can lead to supply shortages.
- Market Volatility: Global economic shifts can cause rapid price changes, affecting local markets.(myRepublica)
📸 Visualizing Gold Price Trends
Note: Visual representations such as charts and graphs illustrating gold price trends over the past year would be included here to provide a clearer understanding of market movements.
❓ Frequently Asked Questions (FAQs)
Q1: What is the current gold price in Nepal?
As of March 9, 2025, 24K gold is priced at ₨14,600.50 per gram. (Goodreturns)
Q2: Why are gold prices rising in Nepal?
Global economic uncertainties, increased customs duties, and local demand during festivals contribute to rising prices.
Q3: Is gold a good investment in Nepal?
While direct investment is restricted, gold remains a valuable asset for collateral and is culturally significant.
Q4: How is gold purity measured?
Gold purity is measured in karats, with 24K being 99.99% pure.(Nepali Nerd)
Q5: What is the difference between Hallmark and Tejabi gold?
Hallmark gold is 24K with 99.99% purity, while Tejabi gold is 22K with 91.67% purity, commonly used in traditional jewelry.(Nepali Nerd)
Understanding the dynamics of gold pricing in Nepal requires a comprehensive look at both global influences and local factors. As 2025 progresses, staying informed will be key for anyone involved in the gold market.