Monday 30th November 2020

Gold Price Reaches ‘All Time High’ NPR 80,300 Per Tola

The gold price has increased by NPR 70,000 per tola in the past 15 years.
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Gold Price Reaches ‘All Time High’ NPR 80,300 Per Tola

There has been a rising trend in the domestic gold prices in Nepal over the past few years.

According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the gold price has reached an all-time high of NPR 80,300 per tola in the domestic market on February 24, 2020.

The gold price has registered an increase by NPR 1,500 in a single day from NPR 78,800 per tola.

The outbreak of coronavirus in China is the main cause for the hike in the gold price, stated Dharma Sundar Bajracharya, General Secretary of the FENEGOSIDA.

Hike in Gold Price Nepal

He said that the coronavirus epidemic has instigated the Americans and Europeans to invest in gold which has spiked the gold price.

The gold price has been increasing steadily since February 18, 2020 except on February 22 as the market was closed on Saturday.

The Gold Price Increasing

Recent Gold Prices in Nepal at a Glance

Date  Gold Price (per tola)
December 2017 NPR 56,200
December 2018 NPR 60,600
December 2019 NPR 73,600
January 2020 NPR 76,500
February 19, 2020 NPR 77,100
February 20, 2020 NPR 77,600
February 21, 2020 NPR 78,100
February 23, 2020 NPR 78,800
February 25, 2020 NPR 80,300

March 30th, 2020 Gold Price in Nepal

  • 24 Karat Gold Price in Nepal: NPR 72,418.40
  • 22 Karat Gold Price in Nepal: NPR 66,335.28

Gold Prices in NPR per Tola 22K Karat

  • 29 Mar 2020: NPR 74,489.11
  • 28 Mar 2020: NPR 74,489.11
  • 27 Mar 2020: NPR 74,180.41
  • 26 Mar 2020: NPR 74,220.18
  • 25 Mar 2020: NPR 75,353.92
  • 24 Mar 2020: NPR 72,422.92
  • 23 Mar 2020: NPR 68,280.79
  • 22 Mar 2020: NPR 68,378.09
  • 21 Mar 2020: NPR 68,378.09
  • 20 Mar 2020: NPR 67,784.19
  • 19 Mar 2020: NPR 66,552.82
  • 18 Mar 2020: NPR 69,469.81
  • 01 Mar 2020: NPR 69,880.88

According to the FENEGOSIDA, the gold was traded at NPR 10,000 per tola in 2061 BS and the price has increased by NPR 70,000 per tola in the past 15 years.

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