Nepal Gold Price Today Drops Rs 2800 Per Tola Friday
Web Post Zone (1920 x 1080 px) - 241
13th March 2026, Kathmandu
The domestic bullion market in Nepal has experienced a sharp correction today, as the price of fine gold fell by 2,800 rupees per tola.
Nepal Gold Price
According to the latest data released by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the new trading price for fine gold has been set at 314,200 rupees per tola. This decline follows a period of volatile market performance, reflecting broader shifts in international precious metal benchmarks.
Daily Market Update
The downward trend is consistent across the precious metals category today. Alongside gold, the price of silver has also seen a contraction, albeit a more modest one.
Gold (Fine): 314,200 rupees per tola (Down by 2,800 rupees).
Silver: 5,515 rupees per tola (Down by 20 rupees).
These daily updates are critical for Nepal’s massive bullion retail sector, where price transparency directly influences consumer behavior, particularly for wedding-related purchases and investment-grade bullion buying.
Drivers of Current Price Volatility
The price of gold in Nepal is inextricably linked to global market dynamics, as the country sources its gold supply from international markets. Several macroeconomic factors are currently influencing the price downward:
International Market Benchmarks: Global bullion indices have recently trended lower due to shifts in investor sentiment and changes in interest rate expectations by major central banks.
Advertisement
Currency Fluctuations: The exchange rate between the Nepali rupee and the US dollar remains a primary driver. Any stabilization or appreciation of the local currency can lower the landed cost of gold imports, thereby reducing the domestic per-tola price.
Profit Taking: Following recent peaks, global traders often engage in profit-taking, which creates temporary downward pressure on spot gold prices.
Global Economic Stability: While gold is a traditional safe-haven asset, reduced geopolitical anxiety in certain regions can lead investors to reallocate funds toward equities and other high-yield assets, further suppressing gold demand.
Significance for Nepali Consumers
Gold holds immense cultural and economic weight in Nepal. It is not merely a luxury commodity but a primary vehicle for household savings and a mandatory component of traditional wedding customs. Consequently, even a price drop of 2,800 rupees is viewed by many as a significant opportunity to finalize long-planned purchases.
Retail jewelers across the country often see an immediate uptick in foot traffic when such price corrections occur, as consumers wait for these dips to buy jewelry for the upcoming festival and wedding seasons.
Market Outlook
For investors and consumers monitoring the Nepal gold price today, market analysts suggest that these fluctuations are likely to persist throughout the remainder of the month. While the current drop provides a temporary reprieve for buyers, the global market remains sensitive to inflation data and central bank announcements from major economies.
Traders and investors are encouraged to check the official FENEGOSIDA website or local bullion bulletins daily before making significant transactions, as the domestic market adjusts its prices in real-time based on the London Bullion Market Association (LBMA) rates.
For More: Nepal Gold Price
