Gold Price Comparison · Thursday, July 9, 2026

Bhutan vs Nepal

Live 24K gold rate side-by-side in BTN and NPR. Updated every minute from the international XAU/USD spot price.

Bhutan

BTN

24K · per tola

Nu.147,453

22K /tola

Nu.135,165

Per gram

Nu.12,642

Full Bhutan rate

Nepal

NPR

24K · per tola

235,925

22K /tola

216,264

Per gram

20,227

Full Nepal rate

Today's Spread

After converting both rates to a common USD basis, gold is +0.00% cheaper in Bhutan. The base XAU/USD spot price is the same worldwide — the difference comes from exchange rates, local taxes, and import duties.

Karat-by-Karat Comparison

KaratBhutanNepal
24K · per tolaNu.147,453235,925
22K · per tolaNu.135,165216,264
21K · per tolaNu.129,021206,434
18K · per tolaNu.110,590176,944

Compare Gold Price in Every Weight Unit — Bhutan vs Nepal

Side-by-side 24K gold prices across every major regional weight unit used worldwide — from the South Asian Tola, Masha, and Ratti to Bangladesh's Vori, Thailand's Baht, Vietnam's Lượng, Iran's Mesghal, and the Chinese Tael, Mace and Candareen. Both columns are calculated live from each country's per-gram rate: Nu.12,642/g in Bhutan vs 20,227/g in Nepal.

South Asian

5 units
UnitBhutan (BTN)Nepal (NPR)

1 Tolaتولا · तोला

11.664 g · Pakistan, India, Nepal

Nu.147,453235,925

1 Mashaماشہ

0.972 g · 1/12 Tola

Nu.12,28819,660

1 Rattiرتی

0.1215 g · 1/96 Tola · gemstones

Nu.1,5362,458

1 Vori (Bhori)ভরি

11.664 g · Bangladesh

Nu.147,453235,925

1 Ana (Anna)আনা

0.729 g · 1/16 Vori

Nu.9,21614,745

Metric & Global

3 units
UnitBhutan (BTN)Nepal (NPR)

1 Gramg

1 g · Worldwide standard

Nu.12,64220,227

1 Kilogramkg

1,000 g · Bulk trade

Nu.12,641,72320,226,757

1 Troy Ounceoz t

31.1035 g · LBMA bullion standard

Nu.393,202629,123

East & SE Asian

6 units
UnitBhutan (BTN)Nepal (NPR)

1 HK Tael

37.429 g · Hong Kong, Macau

Nu.473,167757,067

1 CN Tael

31.25 g · Mainland China

Nu.395,054632,086

1 Mace

3.7429 g · 1/10 HK Tael

Nu.47,31775,707

1 Candareen

0.37429 g · 1/100 HK Tael

Nu.4,7327,571

1 Bahtบาท

15.244 g · Thailand

Nu.192,710308,337

1 Luong (Lượng)lượng

37.5 g · Vietnam

Nu.474,065758,503

Middle Eastern

2 units
UnitBhutan (BTN)Nepal (NPR)

1 Mesghalمثقال

4.6083 g · Iran

Nu.58,25793,211

1 Mithqalمثقال

4.25 g · Saudi, UAE, Egypt

Nu.53,72785,964

Imperial & Western

2 units
UnitBhutan (BTN)Nepal (NPR)

1 Pennyweightdwt

1.55517 g · 1/20 Troy Oz

Nu.19,66031,456

1 Graingr

0.064799 g · 1/480 Troy Oz

Nu.819.171,311

Prices computed from live 24K per-gram rates · Bhutan: Nu.12,642/g · Nepal: 20,227/g · Updated every 60 seconds

Why Gold Prices Differ Between Bhutan and Nepal

Gold trades on a single global market — the XAU/USD spot price is the same everywhere. But once you compare Bhutan (BTN) against Nepal (NPR) in local currency, the prices differ for four reasons:

  1. Currency exchange rates — a weaker BTN or NPR against the dollar pushes the local gold price up.
  2. Local taxes — VAT, GST, sales tax differ by country.
  3. Import duties — both countries levy different customs charges on gold imports.
  4. Jeweller making charges — when shopping for jewellery (not bullion), local labour costs change the final price.

Goldify Pro tracks the live international XAU/USD rate every 60 seconds and converts it to BTN and NPR using real-time exchange rates so you can compare both markets accurately.

Other comparisons

Browse other gold price comparisons:

1

Weight Units Used in Bhutan and Nepal

Bhutan

In Bhutan, gold is most commonly quoted in gram (the international standard) and local traditional units. The standard jewellery purity is 22K and 24K for investment, with 18K, 21K, and lower karats for daily-wear jewellery.

Nepal

In Nepal, gold is most commonly quoted in tola (the standard retail unit), gram, and laal (1/16 tola). The standard jewellery purity is 22K for jewellery and 24K bars; rates set by FENEGOSIDA.

When comparing rates between Bhutan and Nepal, always check whether the price you're quoted is for the same weight unit and purity. A tola in India is identical (11.664 g) to a vori in Bangladesh, but a Saudi mithqal (4.25 g) is roughly 2.74 times heavier than a Persian mesghal converted at the same per-gram rate. The table above normalises every unit so you can compare apples-to-apples.


2

Taxes & Duties — Why the Sticker Price Differs

Bhutan

  • Local sales tax, VAT, or GST on jewellery value
  • Often reduced or zero rates on investment-grade bullion

Nepal

  • 5% customs duty on imports
  • Plus 13% VAT on jewellery value

These taxes affect the final price you pay. They do not include country-specific taxes, duties, or jewellery making charges (3–15% of metal value depending on design), the relevant tax rate, and any dealer margin (1–3% on bullion, more on jewellery).


3

Gold Market Culture — Bhutan vs Nepal

Bhutan

Markets: regional bullion dealers and city-centre gold markets set daily retail benchmarks.

Peak buying season: wedding seasons, religious festivals, and year-end holidays typically drive peak demand.

Nepal

Markets: New Road and Asan in Kathmandu are the historic gold quarters.

Peak buying season: Dashain, Tihar, Teej, and the wedding season (December–February).


4

Worked Example — Converting Between BTN and NPR

Suppose you want to buy 1 tola (11.664 g) of 24K gold.

Bhutan

Per-gram rate:Nu.12,642
Per-tola price:Nu.147,453

Nepal

Per-gram rate:20,227
Per-tola price:235,925

Important — Gold prices cannot be compared directly because they are in different currencies. This page first converts both rates back to a common USD basis (using live exchange rates), then expresses the spread as a percentage. Live: 1 tola of 24K gold today costs Nu.147,453 in Bhutan and 235,925 in Nepal.


5

Buying Tips When Comparing Bhutan and Nepal

Check the hallmark

Look for BIS Hallmark (India), Hallmark Certificate (Bangladesh), 916/750 stamp, or local equivalents. Never buy unmarked gold.

Ask for the per-gram price first

Jewellers often quote in tola, vori, or at piece price — request the per-gram rate so you can verify against the live spot.

Separate metal cost from making charges

A receipt should show: metal weight × per gram rate, plus making charges, plus tax. It is your right before paying.

Compare same purity

A 22K item in one country is not directly comparable with an 18K item in another. Always compare the same purity.

Factor in repatriation

If you're buying abroad to bring home, account for customs duty, declaration thresholds, and baggage allowance limits.

Time your purchase

Spot prices fluctuate. Festival markups and exchange-rate swings can change retail prices ±5% in a week.

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Pro Tip: Use our live gold price converters to compare prices accurately in BTN, NPR, AED, USD & more.

Go to Converters →

Gold weight unit conversion cheat sheet — Tola, Masha, Ratti, Troy Ounce, Baht and more
View Full Rates →

6

Frequently Asked Questions

Is it cheaper to buy gold in Bhutan or Nepal?+

On the international XAU/USD basis the price is the same in both countries. After converting to local currency and adding taxes plus making charges, the cheaper destination depends on the day's exchange rates, the purity you buy, and the dealer's margin. The diff bar at the top of this page shows today's USD-equivalent spread.

Can I buy gold in Bhutan and sell it in Nepal?+

Cross-border gold arbitrage is legal in most countries within declared baggage allowances, but customs duties, VAT/GST, and proof-of-purchase requirements often erode any spread. Most tourists also lose 4–8% on jeweller buy-back margins. Goldify Pro is intended as a reference, not investment advice.

Why is the same 24K gold priced differently in Bhutan and Nepal?+

The XAU/USD international spot price is the same everywhere. Local prices in BTN and NPR differ because of (1) exchange-rate fluctuations versus the dollar, (2) import duties and VAT/GST, (3) jeweller making charges, and (4) supply-and-demand spreads.

Which is purer — gold sold in Bhutan or Nepal?+

Purity depends on the karat you buy, not the country. Hallmarked 24K is 99.9% pure regardless of origin. Bhutan commonly stocks 22K and 24K for investment, with 18K, 21K, and lower karats for daily-wear jewellery; Nepal commonly stocks 22K for jewellery and 24K bars; rates set by FENEGOSIDA. Always check the local hallmark (BIS, Hallmark Certificate, KDM, 916/750 stamps, etc.).

How often does Goldify Pro update the rates on this comparison page?+

Live XAU/USD spot is fetched every 60 seconds from gold-api.com. Currency exchange rates refresh every minute from exchangerate-api.com. This page itself is statically generated and revalidated every 5 minutes (ISR) so it stays fast while staying close to live.

Are the prices on this page the retail rates I'll pay at a jeweller?+

No — they are pure-metal value at international parity. A jeweller's quote adds making charges, design premium, and local taxes. Expect retail to sit 5–15% above the rates shown here. Use this page as a baseline to verify that a dealer's quote isn't unfair.

Can I use this comparison for investment-grade bullion?+

Yes — investment-grade bullion (≥99.5% pure) typically trades very close to the per-gram or per-ounce rate shown here, with a small dealer premium of 1–3%. Many countries (UK, US, Singapore) exempt investment-grade gold from VAT/sales tax.

What does "per tola" mean and is it the same as "per vori"?+

1 tola = 1 vori = exactly 11.664 grams. The two are identical in weight — "tola" is the standard term in Pakistan, India, and Nepal, and "vori" (also spelt "bhori") is used in Bangladesh. The price per tola/vori is simply the per-gram rate multiplied by 11.664.


Methodology: Goldify Pro derives every price on this page from the live XAU/USD spot rate (sourced from gold-api.com) divided by 31.1035 g per troy ounce to get a per-gram USD rate, then multiplied by the live BTN/USD and NPR/USD exchange rates (from exchangerate-api.com) to produce the local-currency rates shown. Multipliers for tola (11.664), masha (0.972), ratti (0.1215), vori (11.664), ana (0.729), baht (15.244), lượng (37.5), HK tael (37.429), mace (3.7429), candareen (0.37429), mesghal (4.6083), mithqal (4.25), pennyweight (1.55517), grain (0.064799), and karat purity ratios (purity ÷ 24) are mathematical constants and never approximated.

What this page does NOT include: local sales tax, VAT, GST, import duty, jeweller making charges, design premiums, or coin numismatic premiums. The values are pure metal value at international parity — useful for cost-basis calculations, valuation, accounting, and educational research, but not directly comparable to a jeweller's retail quote.

Always verify locally: before any significant transaction, confirm the live rate with a reputable bullion dealer in Bhutan or Nepal. Goldify Pro is for reference and education, not a price quote for buying or selling physical gold.