🟡 Gold Shock in Nepal: Price Jumps to a Record NPR 318,800 per Tola
Kathmandu, January 28 — Gold prices in Nepal have stunned buyers and traders alike as the rate surged to an all-time high of NPR 318,800 per tola today, marking one of the sharpest spikes ever recorded in the domestic bullion market.
Just a year ago, gold hovering near Rs 200,000 per tola felt expensive. Today, crossing the Rs 300,000 mark has turned gold from a routine purchase into a luxury many households are forced to rethink. The surge mirrors rising global gold prices, a weakening local currency, and growing investor demand for safe-haven assets amid worldwide economic uncertainty.
The impact is already visible. Families preparing for weddings and festivals are scaling back gold purchases, while jewelers report cautious buyers and slower sales. For many Nepalis, gold...