From Rs. 50k to 3 Lakhs: The Shocking 10-Year Journey of Gold Prices in Nepal

From Rs. 50k to 3 Lakhs: The Shocking 10-Year Journey of Gold Prices in Nepal

​💰 Today’s Market Rates (January 27, 2026)

​According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the prices have surged yet again today:

Metal Type

Price per Tola (11.66g)

Price per 10 Grams

Daily Change

Fine Gold (24K)

Rs. 309,300

Rs. 265,175

🔼 Rs. 300

Tejabi Gold

Rs. 308,600

Rs. 264,575

🔼 Rs. 300

Silver

Rs. 6,870

Rs. 5,890

🔼 Rs. 105

😱 The "Shock" Factor: Why This is Viral News

​To put today's price of Rs. 309,300 into perspective, let’s look at how much the value of your money has shifted:

  • The 1-Year Jump: Exactly one year ago, gold was hovering around Rs. 160,000. It has nearly doubled in just 12 months.
  • The "Ana" Comparison: In 2016, you could buy 1 Tola of fine gold for roughly Rs. 50,000. Today, that same Rs. 50,000 won't even buy you 2 Anas (0.25 tola) of gold.
  • International Surge: Gold in the international market has crossed the $5,000 per ounce mark for the first time in history, driven by global instability and the weakening of the Nepali Rupee against the US Dollar.

​🔍 Why are Prices Skyrocketing?

​It’s not just a "Nepal thing." Several global "perfect storm" factors are at play:

  1. Geopolitical Tensions: Ongoing conflicts in the Middle East and Eastern Europe have pushed investors to ditch paper currency and run toward the "Safe Haven" of gold.
  2. The "Trump Effect": Recent shifts in U.S. trade policies and tariff hikes have created massive uncertainty in global trade, devaluing many currencies—including the NPR.
  3. Central Bank Buying: Central banks across the world (especially China and India) are hoarding gold at record levels, reducing the supply for the general public.
  4. Domestic Demand: Despite the high prices, the wedding season in Nepal keeps the demand high, while the government maintains strict import quotas (currently around 20kg per day).

​📈 Expert Verdict: Buy or Wait?

​Many experts suggest that as long as the international $5,000/oz support holds, we might see gold touching Rs. 350,000 before the end of 2026. If you are buying for a wedding, "waiting for the price to drop" has historically proven to be a losing game in the last two years.

Pro Tip: If gold is out of reach, Silver is currently showing a higher percentage of growth (up 1.55% today alone), making it a high-yield alternative for small-scale investors.


What do you think? Is gold going to hit Rs. 4 Lakhs soon, or is the bubble about to burst? Let us know in the comments!

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