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:
- 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.
- 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.
- 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.
- 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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