Gold hits record Rs. 180,300/tola in Nepal! Find out why prices are soaring & how you can benefit from the price surge.

If gold were a celebrity, today it’d be walking the red carpet, flashing a million-rupee smile, and casually announcing, “I’ve broken my own record, again!”

As of today, Chaitra 21, 2081 (April 3, 2025), the gold price in Nepal today per tola 24k is set at a jaw-dropping Rs. 180,300. That’s not just another price hike, it’s the highest ever recorded in Nepal’s history.

To put it into perspective, gold was Rs. 173,500 just 10 days ago. That’s a Rs. 6,800 jump in barely a week and a half.  

But what’s driving this golden surge? Why is gold flexing so hard in 2025? And most importantly, are we paying too much in Nepal, or is it actually a steal compared to global rates?

Let’s dive into what’s really happening here and break it all down!

A Look Back: Gold Price in Nepal Over the Last 10 Days

Here’s how the price of gold in Nepal evolved recently:

It’s clear: Gold price in Nepal is on a consistent upward trend. But is this just a local phenomenon? Or is something happening globally?

What’s Going On Globally? The International Gold Scene

Let’s turn our eyes to the international gold market.

As of today, the price of gold in the international market is $3,127.86 per troy ounce.

Gold is priced globally in troy ounces, which, fun fact, is not the same as the regular ounce you would usually use.

• 1 troy ounce = 31.1034768 grams
• 1 tola = 11.7 grams
• USD to NPR = Rs. 135.57

So, let’s do the math and see what one tola of gold should cost in Nepal based on international prices.

Let's Do the Math: Is Nepal Overpaying or Underpaying?

Let’s break down the real way gold prices are calculated in Nepal using a method that combines international rates, purity, weight, exchange rate, and various costs.

Here’s the formula:

Price per Troy ounce × Purity (e.g., 99.99%) × Grams per Troy ounce × Exchange Rate + Freight/CIF + Customs + Bank Margin + Trader Margin

Now, let's plug in the real numbers:

• International Gold Price = $3,127.86 per troy ounce
• Purity = 99.99% or 0.9999 (since we're calculating for 24K)
• Grams per troy ounce = 31.1034768 g
• USD to NPR exchange rate = Rs. 135.57
• Freight & CIF (Cost, Insurance & Freight) = ~Rs. 600 per tola (assumed average)
• Customs duty = 10% of base cost
• Bank margin = 0.5%
• Trader margin = 0.5% (estimated)

Step-by-step Calculation

1. Base NPR price (excluding taxes and margins)
= $3,127.86 × 0.9999 × 31.1034768 × 135.57
= Rs. 1358,059.78 per kilogram
→ Divide by 85.0469 to convert to per tola (11.7g)
→ Rs. 159,703.32 per tola

2. Add 10% customs duty
= Rs. 159,703.32 + 10% = Rs. 175,673.65

3. Add Rs. 600 freight/CIF cost per tola
= Rs. 175,673.65 + 600 = Rs. 176,273.65

4. Add 0.5% bank margin
= Rs. 176,273.65 + 0.5% = Rs. 177,155.02

5. Add 0.5% trader margin (estimated)
= Rs. 177,155.02 + 0.5% = Rs. 178,038.79

 Final Theoretical Price: Rs. 178,038.79 per tola

But today’s actual gold price in Nepal is Rs. 180,300.

That’s about Rs. 2,261 higher than the calculated estimate.

Why the Difference?

That extra margin could be due to:

• Additional handling or insurance charges
• Price smoothing by banks
• Speculative price setting based on expected trends
• Dealer commissions at the retail level

While the exact price difference isn’t massive, it gives us an idea of how closely Nepal’s market follows global benchmarks, with a few local tweaks.

We used to see gold in Nepal priced lower than global market rates because people were mistakenly using the regular ounce (28.3495g) instead of the troy ounce. Now? We’re on point with our conversions, but Nepal’s price is still a bit higher than expected.

So Why Is Gold So Expensive in Nepal Right Now?

Here are a few reasons:

1. Global Uncertainty Means More Gold Buying

From wars to inflation to bank collapses, people rush to buy gold when they feel the world is unstable. That demand pushes prices up. In fact, gold hit a global record this week.

2. Strong Demand in Nepal

Whether it’s for weddings, festivals, or just “bhittai lagcha” vibes, Nepalis love gold. Especially with the wedding season around the corner, demand is higher than ever.

3. Limited Supply

Gold is imported in Nepal with a quota system. You can't just buy unlimited gold from abroad. This cap on imports makes gold even more precious locally.

4. Nepali Rupee Depreciation

As the value of the Nepali rupee falls against the dollar, the cost of importing gold increases. A few months back, the USD was hovering around Rs. 130. Now it’s over Rs. 135. That affects your gold bangle’s price too!

Why Nepalis Love Gold (Hint: It’s Not Just for Jewelry)

Gold in Nepal is more than just fashion, it’s:

• A savings tool (especially in rural areas)
• A dowry tradition
• A status symbol
• A backup bank when cash runs out

You can bet your grandmother has more gold stacked in a locker than some people have in their savings account. 

Long-Term Trend: Is Gold a Good Investment?

Let’s zoom out for a second.

In 2019, gold was around Rs. 60,000 per tola in Nepal.

Now? It’s Rs. 180,300.

That’s a 200% increase in 6 years. Better than most fixed deposits or real estate, honestly.

So yes, gold isn't just shiny, it’s smart.

But is gold a smart investment in Nepal? Head to our article ‘Gold Price in Nepal: Why Gold Jewelry Isn’t Growing Your Wealth’ for a detailed breakdown.

How is the Gold Price in Nepal Calculated?

Here’s a simplified formula:

[International Gold Price per troy ounce] → Converted to NPR per tola → Add Import Duties + Dealer Margins + Logistics

The Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) sets the daily retail gold price based on:

• International spot price
• Exchange rate
• Import tax (currently 10%)
• Bank markup & dealer margin

Source: FENEGOSIDA Official Website

Real Talk: Should You Buy Gold Right Now?

Here’s the million-rupee question (or should we say, the 180,000-rupee question):

“Is now the right time to buy gold in Nepal?”

The answer: It depends.

If you're buying for a wedding, go ahead. You’ll need it anyway.

If you're investing, you might want to read our article on why buying gold might not be growing your wealth at all.

Fun Fact: Why Is It Called a Tola?

The word "tola" comes from the Sanskrit word "tol", meaning "weight". One tola = 11.7 grams. It's a traditional South Asian unit and is still widely used in Nepal and India for measuring gold and silver.

So next time you're at the jewelry store, remember: you're not just buying a shiny thing. You’re buying a legacy, tradition, and a hedge against inflation—wrapped into 11.7 grams.

Final Thoughts

Whether you’re a bride/groom-to-be or someone looking to invest in gold, the rising gold price in Nepal is something you can’t ignore.

It reflects more than just international trends, it reflects our culture, economy, and global uncertainties all rolled into one glittery bar of metal.

So next time someone asks, “Why is gold so expensive in Nepal?”, just send them this article. Or better yet, ask them if they know what a troy ounce is. 

Summary of Today’s Gold Price in Nepal (April 3, 2025 / Chaitra 21, 2081)

• Gold Price Today (24K): Rs. 180,300 per tola
• Highest Ever Price in Nepal
• International Price: $3,127.86 per troy ounce
• Price based on math (with 10% tax): Rs. 178,038.79
• Actual Price: Rs. 180,300 (About Rs. 2,261 higher)

Join the Conversation

Think the gold price in Nepal will go even higher?

Was your math matching ours?

Let us know your thoughts in the comments, or share this article with someone planning a wedding soon. They'll thank you later. 

Related Resources

• Gold Price in Nepal: Why Gold Jewelry Isn’t Growing Your Wealth
• 10 Ways to Earn Money Online in Nepal Without Investment (2025) 
• Tax Rate in Nepal: A Comprehensive Guide to Tax Slabs, Deductions, and Tax Calculator Tools