24K Gold Price in Nepal Check Latest Rates as Per 1 Tola
The price of gold in Nepal is determined by the market’s supply and demand and other economic, financial, and political factors.
No country or entity determines the price of gold. It is determined by the interaction of buyers and sellers in the global marketplace. No one controls the price of gold, but it is also important to note that it can be influenced by speculative activity and market rumors.
Gold Weight Measurement in Nepal
Gold weight is measured in Tola in Nepal, which converts to 11.66 grams or 100 all per tola. Check out the table below for more information.
| Unit of Measurement | Description | Conversion Factor |
|---|---|---|
| Gram (g) | Metric unit of mass commonly used worldwide. | 1 gram = 1 gram |
| Tola | Traditional unit of mass used in South Asia. | 1 tola = 11.66 grams |
| Lal | Traditional Nepalese unit of mass for gold. | 1 lal ≈ 0.1166 grams |
| Tola to Lal | Conversion from Tola to Lal. | 1 tola = 100 lal |
In Nepal, 1 Tola is commonly considered equivalent to 100 Lal, simplifying transactions and calculations involving gold in local markets.
Types of Gold Karat in Nepal
In Nepal, gold is classified into 3 types based on its purity and form. Check out the list below:
- Hallmark or Fine gold is 24K Gold and has 99.99% Purity.
- Chhapawal (छापावाल सुन) is also 24K gold but with 99.50% Purity.
- Tejabi Gold (तेजाबी सुन) 22K Gold, which is 91.67% Purity.
| Gold Karat | Purity | Alloy | Note |
| 24K | 99.9% (100%) | 0% | Very soft |
| 24K | 99.50% | – | – |
| 22K | 91.6% | 8.4% | Ideal for jewelry |
| 18K | 75% | 25% | Ideal for jewelry |
| 14K | 58.5% | 41.5% | Ideal for jewelry |
| 10K | 41.7% | 58.3% | Affordable for jewelry |
Hallmark Gold in Nepal
The Nepal Bureau of Standards and Metrology (NBSM) is authorized to implement the hallmarking of gold jewelry in Nepal. NBSM has set a standard that the 24-karat gold jewelry should have a purity level of 99.5%.
Tejabi Gold in Nepal
Tejabi gold, also known as 22-karat gold, is one of Nepal’s most commonly used forms of gold. It has a purity of 91.67% (approx 92%) and is a mixture of gold, silver, and copper, with 3% silver and 5.33% copper added to the gold.
FAQs
What is Karat in Gold?
A karat is a unit used to measure the purity of gold. Purer gold is referred to as purer gold. The most common karats in Nepal are 10k, 14k, 18k, 22k, and 24k.
How much is one tola gold in grams?
One tola of gold is equal to 11.66 grams. Tolah or Tola is a unit of weight used in South Asia for fair trade of grain and precious metals.
What is the difference between 24k and 22k gold?
24K fine Gold is 99.9% pure. It has almost no mixture, is considered 100% pure with 0% alloy, and is very soft in texture. On the other hand, 22K gold is 91.6% pure with 8.4% alloy content, and it is considered ideal and best for jewelry in Nepal.
What Karat gold is good for jewelry in Nepal?
Ideally, 22K gold is considered good for golden jewelry as it is 91.6% pure with only 8.6% alloy content (mixture).