Rates
Today's Gold and Silver Rates in Nepal
Gold and silver rates in Nepalese rupees, shown per tola, per 10 grams and per gram, for 24K fine gold, 22K standard gold and silver. The figures below are the ones DataJewellers prices bills from, and they carry the time they were last updated.
| Metal | Per tola | Per 10 g | Per gram |
|---|---|---|---|
| Fine gold24K · 0.999 | — | — | — |
| Standard gold22K · 0.916 | — | — | — |
| SilverPer tola, 10 g and gram | — | — | — |
Loading today’s rates…
What these figures are
A metal rate is a price for a stated weight of a stated purity. Nepal quotes gold in two grades — 24K fine gold and 22K standard gold, the grade most jewellery is made in — and silver separately. The three columns are the same price expressed in the three units the trade uses: the tola, ten grams, and a single gram.
| Unit | In grams | Used for |
|---|---|---|
| 1 tola | 11.6638 g | How gold is quoted and discussed in Nepal and much of South Asia |
| 10 grams | 10 g | The international quoting convention, and easier to compare |
| 1 gram | 1 g | What an individual piece is actually billed on |
The rate is not the price of a piece of jewellery. It is the price of the metal in it. Making charges, wastage, stones and tax are each agreed and billed separately, which is why two shops quoting the same rate can hand a customer two different totals.
How a rate becomes an invoice line
The rate is applied to a piece's net weight — the metal alone, after the stone weight has been subtracted — at the rate for that piece's own purity. A 22K piece is priced at the 22K rate; it is not priced at the 24K rate on its fine weight.
Gross weight vs net weight works through the arithmetic on a single ring, including what goes wrong when the rate is applied to the gross weight instead.
Why the rate on this page matters to a shop
A jewellery business that types the day's rate into each bill by hand is one typo away from selling gold below cost, and has no record afterwards of which rate a given invoice was priced at. When the rate is held once for the business and every bill draws from it, the day's pricing is consistent across counters and branches, and an invoice from three months ago still shows the rate it was actually written at.
That is how jewellery billing software uses these figures: one rate for the day, applied to net weight and purity, with making charges and stones on their own lines.
Questions
How often do these rates change? They are published for the trading day and updated as new figures come through. The timestamp under the table says when the figures shown were last updated, and says so explicitly when the day's figures have not arrived yet.
Is this the price I will pay in a shop? No. It is the metal rate. What a shop charges adds making charges, any agreed wastage, the value of stones, and tax.
Why is 22K cheaper per gram than 24K? Because it contains less gold — 0.916 of it rather than 0.999. The difference is the alloy that makes the piece hard enough to wear.
Can a shop set its own rate? Yes, and most do: a business using DataJewellers sets the rate its own bills are priced from. This page shows the reference figures the product publishes.
Related
- Gross vs net weightWhich weight the rate applies to
- Purity and finenessWhy 22K and 24K are quoted apart
- Jewellery billing softwareOne rate for the day, on every bill
- Jewellery POSPricing at the counter
Bills priced from today's rate
DataJewellers holds the day's rate once for the business and prices every bill from it, on net weight and purity.