price of gold in Nepal

Gold Price in Nepal Today: Live Rate Updates

As of November 28, 2024, gold prices in Nepal change every day. Right now, Gold Hallmark (छापावाल सुन) costs NPR 149,602.46 per tola. Silver is NPR 1,830.08 per tola.

For 10 grams, Gold Hallmark is NPR 128,260.00. Silver is NPR 1,569.00. These prices change daily and are in Nepali Rupees. They show what’s happening in the Nepali jewelry market.

Key Takeaways

  • The price of gold in Nepal changes every day. The current rate for Gold Hallmark is NPR 149,602.46 per tola.
  • Silver is NPR 1,830.08 per tola. And 10 grams of Gold Hallmark costs NPR 128,260.00.
  • Prices are in Nepali Rupees and change often. They show the latest in the Nepali bullion market.
  • Knowing today’s gold and silver prices in Nepal helps people make smart choices.
  • Things like supply, demand, and currency rates affect gold prices in Nepal.

Current Gold Rates in Nepal: Latest Market Updates

Keeping up with the latest gold rates in Nepal is key for gold fans. Gold prices in Nepal change every day. They are affected by global trends and the Nepali rupee’s value against the US dollar.

Today’s Gold Price Fluctuations

On November 28, 2024, 24K gold in Nepal cost ₹7,740 per gram. This was ₹17 less than the day before. 22K gold was priced at ₹7,090 per gram, down by ₹15 from the day before.

Over 10 days, 24K gold averaged ₹7,814. Meanwhile, 22K gold was priced at ₹7,157.

Real-time Exchange Rate Impact

The USD/NPR exchange rate greatly affects gold prices in Nepal. On November 28, 2024, the rate was 134.70. This rate directly influenced the gold price in Nepal.

Market Trading Hours and Updates

Gold prices in Nepal are updated often during trading hours. Both bid and ask prices are given for different gold purities and weights. Knowing the latest market updates helps when buying or selling gold.

“Investing in gold is a wise decision in the long run, as it has consistently proven to be a stable and reliable asset in Nepal’s market.”

Understanding Gold Purity Standards in Nepal

In Nepal, gold purity standards are key to its value. Knowing about gold purity helps investors and jewelry lovers make smart choices.

24K vs. 22K Gold Pricing

The Nepali gold market has 24-karat (24K) and 22-karat (22K) gold. 24K gold is 99.9% pure and costs NPR 11,416 per gram. 22K gold is 91.67% pure and costs NPR 10,465 per gram. 24K gold is more expensive but better for investments like coins and bars.

Hallmark and Tejabi Gold Differences

Nepali gold is divided into Hallmark and Tejabi gold. Hallmark gold is tested and certified by the Nepal Bureau of Standards and Metrology. It costs more than Tejabi gold, which is not certified. Hallmark gold ensures quality, giving buyers peace of mind.

Gold Quality Certification in Nepal

The Nepal Bureau of Standards and Metrology checks gold quality. This agency makes sure gold meets purity standards. It helps buyers make good choices and keeps the gold trade honest.

Gold Purity Composition Characteristics Pricing (NPR/gram)
24 Karat (24K) 99.9% Gold Softer, Used for Investments 11,416
22 Karat (22K) 91.67% Gold More Durable, Used for Jewelry 10,465
Hallmark Gold Certified by Nepal Bureau of Standards and Metrology Higher Price, Assured Quality Varies
Tejabi Gold Uncertified Lower Price, Questionable Quality Varies

It’s important to know about Nepali gold purity standards. Understanding the differences between 24K and 22K gold is key. Knowing about Hallmark gold certification in Nepal helps make smart choices about gold quality Nepal and Hallmark gold Nepal.

Price of Gold in Nepal: Market Analysis and Trends

The Nepali gold market has seen big changes lately. Looking at the prices now and in the past shows a big jump. For example, 24K gold (10 grams) price went up by 30.28% from NPR 87,630.00 to NPR 114,160.00.

The market in Nepal is very affected by world economics and local demand. These things change gold prices a lot. The big rise in gold prices is mainly because of world economic worries and how the international gold market is doing.

The value of the Nepali rupee going down against the U.S. dollar also makes gold more expensive in Nepal. This makes the prices go up. It’s hard to say how long this price rise will last. It might keep going if the world keeps being unpredictable.

Date 24K Gold Price (per tola) Silver Price (per tola) Price Change from Previous Day
October 22, 2081 NPR 165,900 NPR 2,100 Gold: +NPR 300
Silver: +NPR 5
October 29, 2024 NPR 168,500 NPR 2,105 Gold: +NPR 1,500
Silver: +NPR 40

The way the Nepali gold market does is a sign of the country’s economy. It shows how sensitive it is to world financial news. By knowing the Nepal gold market trends, people can make better choices. They can move through the Nepali gold market more wisely.

“Gold prices in Nepal are at an all-time high, driven by a combination of global economic uncertainties and the country’s own financial dynamics.”

Gold Rate Variations by Weight Measurements

In Nepal, gold prices vary based on weight. It’s important to know these weights for gold trading and investment.

Tola Pricing System

The tola is a traditional weight unit in Nepal for gold prices. One tola of 24-karat gold costs about NPR 133,154. This makes it easy for locals to buy and sell gold.

Gram and Kilogram Rates

The gram is also a common weight unit for gold in Nepal. One gram of 24-karat gold is around NPR 11,416. A kilogram is NPR 11,416,000. These rates help with detailed gold pricing and trading.

International Ounce Conversion

The ounce is well-known in the global gold market. In Nepal, one ounce of 24-karat gold is about NPR 323,638. This makes it easy to join global gold markets.

These weight-based systems in Nepal offer flexibility for investors. Both locals and international investors can take part in the gold market.

Nepal gold weight measurements

“Understanding the nuances of gold weight measurements is essential for making informed investment decisions in the Nepali market.”

Nepal’s Precious Metal Trading Ecosystem

Nepal’s precious metal trading is a lively scene. It includes gold and silver markets. Many players like local dealers, jewelry shops, and banks help trade these valuable items.

International trends, local needs, and rules shape this trade. The Nepal Rastra Bank and the Federation of Nepal Gold Silver Gem and Jewellery Associations guide it. They make sure the trade is fair and safe.

Nepali Gold Dealers and the Jewelry Market

At the center are the Nepali gold dealers. They run in the busy jewelry markets. They sell gold and silver to people in Nepal and abroad. The Nepal jewelry market is famous for its beautiful work and wide choices.

Regulatory Oversight and Market Trends

The precious metal trading in Nepal is watched closely. The Nepal Rastra Bank and the Federation of Nepal Gold Silver Gem and Jewellery Associations keep an eye. They help the market stay strong and fair.

Key Indicators Latest Updates
Gold Price Rs 146,300 per tola for fine gold and Rs 145,600 for standard gold
Silver Price Rs 1,790 per tola
Nepal Stock Exchange (NEPSE) Performance NEPSE closed at 2488.09 points with a minor increase, amidst overall volatility
Visitor Influx to Chitwan National Park Over 300,000 visitors in the past fiscal year, with 58% being domestic tourists

The precious metal trade in Nepal is complex and always changing. Knowing about the players, rules, and trends helps everyone. It makes it easier to do business in the Nepal jewelry market and the precious metal trading world.

Silver Prices and Market Correlation

Silver prices in Nepal are now a big topic. The latest news shows that silver in Nepal is priced at NPR 129,380 per kilogram for 999 fine silver. This shows how the Nepali silver market changes every day. It also shows how gold prices affect silver prices.

Daily Silver Rate Updates

The silver market updates in Nepal follow global trends. This shows how connected the precious metals world is. People in Nepal watch these updates to decide on their investments and jewelry.

Gold-Silver Price Relationship

The gold-silver price relationship in Nepal is very important. Gold prices usually lead, but silver prices can change a lot. In the last year, silver prices in Nepal have gone up by 20.24%. They now stand at NPR 129,380 per kilogram, showing silver’s strong performance with gold.

Metal Current Price (NPR/kg) Price Change (1 Year)
Gold 5,200,000 +41%
Silver 129,380 +20.24%

This table shows how gold and silver prices have changed in Nepal. It shows how closely these two metals are connected in the local market.

Factors Affecting Nepali Gold Market

The Nepali gold market changes a lot. This is because of many things, both inside and outside Nepal. The prices of gold in Nepal are influenced by gold prices in India and the United States.

The value of the Nepali rupee against the US dollar is very important. When the rupee’s value goes up or down, it changes how much gold costs. Economic indicators like inflation also matter a lot. People often buy gold to protect their money when the value of money goes down.

  1. Global market trends: Changes in gold prices around the world affect Nepal’s gold market a lot.
  2. Domestic demand: People in Nepal like to buy gold for festivals, weddings, and other special events. This can make gold prices go up, especially during these times.
  3. Government policies: When the government changes rules about gold, it can change how much gold costs for people in Nepal.
  4. Supply chain disruptions: Problems in getting gold from other places can make gold prices go up in Nepal.
Factor Impact on Nepali Gold Prices
Global Gold Prices Significant, as Nepal imports most of its gold
USD/NPR Exchange Rate Substantial, as import costs are affected by currency fluctuations
Domestic Demand Substantial, with increased demand during festivals and weddings
Government Policies Moderate, as changes in import duties and taxes impact prices
Supply Chain Disruptions Moderate, as shortages can lead to price increases

Knowing these important factors helps people in Nepal understand the gold market better. This way, they can make smart choices about gold.

Himalayan Gold Investment Opportunities

Nepal’s Himalayan landscape is a treasure trove for investors. It offers a chance to explore gold investment options. From buying physical gold to investing in gold-backed securities, Nepal has many choices. These options suit different risk levels and goals.

Investment Options in Nepal

Investors in Nepal have several options for Himalayan gold:

  • Buying physical gold in different purities and weights.
  • Gold savings schemes for regular gold accumulation.
  • Gold-backed securities like ETFs and gold funds for metal exposure without physical ownership.

Risk Management Strategies

Investing in Himalayan gold in Nepal needs careful risk management. Here are some strategies:

  1. Diversify investments across different asset classes, including gold.
  2. Stay updated on global and local gold market trends.
  3. Get advice from financial advisors or gold dealers.

The Nepal Rastra Bank helps keep the gold market stable. This makes it easier for investors to make smart choices.

Himalayan Gold Investment

“The value of yarsagumba, also known as caterpillar fungus or ‘Himalayan Gold,’ has increased significantly in the past two decades within the Nepalese economy.”

Historical Gold Price Analysis in Nepal

Looking into Nepal’s gold price history shows a big increase over time. The price of 24K gold went up by 30.28% in a year. It moved from NPR 87,630.00 per 10 grams to NPR 114,160.00.

This gold price analysis in Nepal is very useful. It helps investors and analysts understand gold’s growth and future. The insights you’ve found show how the gold industry changes, helping you make better investment choices.

Exploring Nepal’s gold price history reveals what makes the market change. Knowing this helps you move through the Nepali gold market with confidence. By keeping up with Nepal’s gold price history and trends, you can do well in your investments.

FAQ

What is the current gold price in Nepal?

As of November 28, 2024, gold prices in Nepal change every day. Right now, Gold Hallmark (छापावाल सुन) is NPR 149,602.46 per tola. Silver is NPR 1,830.08 per tola.For 10 grams, Gold Hallmark costs NPR 128,260.00. Silver is NPR 1,569.00 for the same amount.

What are the live gold rates in Nepal for different purities?

Live gold rates in Nepal vary by purity. As of November 28, 2024, 08:20 UTC, 24K gold is NPR 11,423.90 per gram. The USD/NPR exchange rate affects these prices.

What are the different gold purity standards recognized in Nepal?

Nepal has different gold purity standards. 24K gold is NPR 11,416 per gram. 22K gold is NPR 10,465 per gram.There’s a big difference in pricing between Hallmark gold (छापावाल सुन) and Tejabi gold (तेजाबी सुन).

How have gold prices in Nepal changed over time?

Gold prices in Nepal have gone up a lot over time. For example, 24K gold (10 grams) is now NPR 114,160.00. This is a 30.28% increase from last year’s price of NPR 87,630.00.

What are the different gold weight measurements used in Nepal?

Nepal uses different ways to measure gold. One tola of 24K gold is NPR 133,154. For grams, 1 gram of 24K gold is NPR 11,416.1 kilogram is NPR 11,416,000. You can also buy 1 ounce of 24K gold for NPR 323,638.

How is the precious metal trading ecosystem structured in Nepal?

Nepal’s precious metal trading includes gold and silver markets. It has many players like local dealers, jewelry shops, and banks.Prices are influenced by global trends, local demand, and government rules.

What is the current silver price in Nepal?

As of the latest update, silver in Nepal is NPR 129,380 per kilogram for 999 fine silver. Prices change daily, like gold.

What factors influence the gold market in Nepal?

Many things affect Nepal’s gold market. Global prices, USD/NPR exchange rates, local demand, and economic signs matter a lot.Prices from India and the US also play a big role.

What are the investment opportunities for Himalayan gold in Nepal?

Nepal offers many ways to invest in Himalayan gold. You can buy physical gold, join gold savings schemes, or invest in gold-backed securities.Investors can pick from various purities (24K to 10K) and weights (gram, tola, ounce).

How have gold prices in Nepal changed over the long term?

Gold prices in Nepal have grown a lot over time. For example, 24K gold prices have increased by 30.28% in a year.The price of gold has risen from NPR 87,630.00 per 10 grams to NPR 114,160.00 in the last year.

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