It has been fixed at Rs 258,800 on Sunday and Rs 260,700 on Monday. On Asoj 31, 2082, the price of gold was Rs 258,000 per tola.
What you should know
The price of gold is setting new records day by day as investors continue to be attracted to it as they view it as a safe investment.
On Sunday, the price of gold reached Rs 258,800 per tola. Which was the highest ever. But Monday's price broke Sunday's gold price record. On Monday, gold is being traded at Rs 260,700 per tola. Which is the highest ever. Earlier, on Asoj 31, 2082, the price of gold was Rs 258,000 per tola.
In the international market, the price of gold has not increased to break the record since last Kartik 4. On October 20, 2025, i.e. Kartik 4, it was $4,356 per ounce. Since then, that record has not been broken. In Nepal, records are being set in the price of gold day by day. Analysts say that the price of gold is continuing to rise even as the world's central banks cut interest rates and demand for gold increases with the arrival of the new year.
The US Federal Reserve has set a record for the month of December. The interest rate has been fixed at 3.50 to 3.75 percent. This is 0.25 percent less than the previous month. Analysts say that the price has increased as the attraction towards gold in the international market continues due to the weakening of the dollar in the international market, which has increased the purchase of gold by prioritizing gold and silver reserves instead of dollar reserves.
The price of gold had increased by 4,000 rupees per tola and 300 rupees per tola in the past week. Along with gold, the price of silver is also continuously increasing. Last Friday, the price of silver was fixed at 3,905 rupees per tola. Which is the highest ever. Experts say that investors have been attracted to silver due to the recent increase in the price of gold. The demand for silver has been increasing recently, said General Secretary Kiran Bhai Bajracharya. ‘Those who cannot afford gold are being attracted to silver,’ he said, ‘the price of silver can also reach Rs 5,000 per tola.’ He believes that the price will increase as the use of silver in electronic devices, electric vehicles, etc. is continuously increasing.
The federation determines the price based on the international market as 75 percent and the Indian market as 25 percent. The market price is determined by taking the international market price, the dollar exchange rate, customs rates and 1 percent profit (50 percent for banks and 50 percent for entrepreneurs). The federation has stated that the price of gold is increasing as the attraction towards gold continues in the international market and this has also affected the Nepali market.
Federation General Secretary Kiran Bhai Bajracharya estimates that the price of gold will continue to increase until the English New Year. Bajracharya said that the price of gold is also increasing as the demand for gold increases with the New Year in China around the world. ‘The demand for gold in the international market is increasing due to the New Year,’ he said, ‘with the demand, the price also increases.’ For this reason, Bajracharya said that the price of gold will not decrease until the end of the New Year. ‘The price of gold may reach Rs 280,000 per tola by the New Year,’ he said, ‘it may fluctuate after the New Year.’
Even though the price of gold has reached Rs 260,000 per tola, investors are increasing, but businessmen say that consumer demand has not increased. ‘When the price of gold increased, gold trade could not take place in Mangsir itself, now it is Pus, there is no question of trade,’ he said, ‘after the price increase, there are more people selling gold than buying it.’
Nepal Rastra Bank has also increased the gold import quota in Asoj, targeting the festival. The Rastra Bank has increased the daily quantity of gold that can be imported from 20 kg to 25 kg. Only commercial banks can import gold in Nepal. The gold imported by the bank is available to the businessmen on the recommendation of the association, federation, and organization of jewelry businessmen. Businessmen say that the increase in imports has also been seen because the National Bank has increased the amount of gold that can be imported.
In the first four months of the current fiscal year alone, gold worth 15.72 billion 11 million rupees has been imported. According to the Customs Department, 1.57 billion 21 million rupees were earned from this import. In the same period of the last fiscal year, gold worth 1.42 billion 75 million rupees was imported.
According to the department, 285.5 million rupees were earned from this gold import. In the first four months of the current fiscal year, gold imports have increased sharply, and the price of gold is also on the rise. In the entire last fiscal year, 17.12 billion rupees of gold were imported.
