Quick Answer (TL;DR)

Investment → hallmark-certified bars/coins (999/995), not jewelry. Rate is FENEGOSIDA per tola (1 tola = 11.664 g) from international spot + USD/NPR + duty + VAT. Jewelry final bill = metal + making (Rs 500–3,000/tola or 5–15%) + wastage/jarti + 13% VAT. Silver has higher % spread — buy gold for liquidity, silver only for small-budget diversification.

Today’s Rate — How FENEGOSIDA Sets It

  • Publisher: Federation of Nepal Gold & Silver Dealers (FENEGOSIDA) — daily Sun–Fri after ~11 AM, no rate Sat/holidays
  • Formula: London spot (USD) × NRB USD/NPR + customs duty + 13% VAT + dealer margin → quoted per tola (chhapawal + tejabi)
  • Check live: Gold Price Nepal + Silver Price Nepal — FENEGOSIDA rate is base metal only, not final jewelry price

Hallmark, Tola & Purity — The 3 Must-Knows

999 (24K, chhapawal/fine)99.9% — bars, coins, investment; NBSM hallmark
995 (tejabi)99.5% — traditional; ~Rs 200–400/tola under fine; often acid-tested
916 (22K)91.6% — standard jewelry (durable); 750 = 18K modern designs
Weight1 tola = 11.664 g = 100 lal; 1 lal ≈ 0.11664 g — confirm invoice unit

Demand: NBSM NS mark + fineness number + weight + rate + making/wastage split on the invoice. No certificate = just a claim. Use Tola → Gram converter before you pay.

Gold vs Silver — Investment Math

Entry ticket (indicative, October 2026 — verify the live FENEGOSIDA morning notice before visiting the shop)Gold ~Rs 290,000+/tola vs Silver ~Rs 4,400+/tola — silver suits small budgets. (Older guides quoting ~Rs 150,000 / ~Rs 1,800 describe a much earlier market — do not use them.) Check live: <a href="/nepal/gold-price-nepal">Gold Price Nepal</a> + <a href="/nepal/silver-price-nepal">Silver Price Nepal</a>.
Spread on jewelryGold making 5–15% vs Silver making often 15–30%+ (labour dominates) — bars/coins minimize this
LiquidityGold buyback same-day at any dealer; silver buyback narrower + purity disputes more common
VolatilitySilver % swings > gold — higher risk/reward; gold tracks NPR depreciation + global risk
Final jewelry ≈ (Weight × FENEGOSIDA rate) + Making + Wastage + 13% VAT Illustrative (October 2026 rates): 1 tola × ~Rs 290,000 + making + wastage + 13% VAT = final bill — always use the morning FENEGOSIDA notice for the metal line.

Resale & Buyback — How Not to Lose

  • Sell where you bought + keep invoice + hallmark photo — best buyback %
  • Bars/coins fetch near-spot; jewelry loses making + wastage + VAT (10–20%) instantly
  • Ask before buying: “today’s buyback per tola for this fineness?” in writing
  • Silver: confirm purity + buyback policy — many shops exchange-only, no cash buyback

Official Sources & Final Note

Source: FENEGOSIDA daily rate + Nepal Bureau of Standards & Metrology (nbsm.gov.np) hallmark standards. Rates move daily — verify the morning notice before visiting the shop.

Last updated: September 27, 2026. SolutionsNepal is an educational guide, not a dealer.

Frequently asked questions

What is the gold rate today?

FENEGOSIDA publishes daily chhapawal (fine) + tejabi rates per tola after ~11 AM NPT (Sun–Fri). Indicative October 2026 level: ~Rs 290,000+/tola gold, ~Rs 4,400+/tola silver (verify the live morning notice — rates move daily). Check SolutionsNepal's gold-price-nepal page — never use a month-old blog figure for buying.

Gold or silver for investment?

Gold: lower spread, instant buyback, hallmark-certified bars/coins. Silver: cheaper entry but higher making-charge % + lower resale liquidity. For pure investment pick certified bars/coins, not jewelry.

What does Hallmark 995 / 999 / 916 mean?

Parts per 1000 pure: 999 = 99.9% (24K fine/chhapawal), 995 = 99.5% (tejabi), 916 = 91.6% (22K jewelry). NBSM hallmark stamp certifies it — demand itemized invoice with fineness + weight in tola/gram.

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Written by SolutionsNepal Team

Nepal gold-market researchers