Bhutan · BTN · April 2021

Gold Price in BhutanApril 2021

In April 2021, the gold price in Bhutan closed at approximately Nu.131,512 per troy ounce, equivalent to Nu.49,318 per tola or Nu.4,228 per gram. This represents a +0.44% change on the month (Nu.130,942 open → Nu.131,512 close).

+0.44% on the month

Open

Nu.130,942

per troy ounce

Close

Nu.131,512

per troy ounce

High

Nu.133,781

per troy ounce

Low

Nu.128,417

per troy ounce

All unit prices at April 2021 close — Bhutan

UnitWeightClosing BTN price
Troy ounce31.1035 gNu.131,512
Gram1.0000 gNu.4,228
10 grams10 gNu.42,282
Kilogram1,000 gNu.4,228,195
Tola11.664 gNu.49,318
BTN prices computed from XAU/USD ($1,767.70/oz close) × 2021-end BTN/USD rate (74.397). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2021 close

KaratPer gramPer tola
24KBHUTAN STDNu.4,224Nu.49,268
22KNu.3,873Nu.45,175
21KNu.3,700Nu.43,153
18KNu.3,171Nu.36,988
14KNu.2,473Nu.28,851
10KNu.1,763Nu.20,565

Daily gold price in BTNApril 2021

26 trading days
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April 2021 gold market: Recovery as yields cool

Bullish

Cooling yields and a softer dollar lifted gold off its lows.

Gold recovered toward $1,770 in April as Treasury yields pulled back from their highs and the dollar softened. Building inflation chatter began to revive gold's appeal as a hedge.

What drove gold in April 2021

  • yields retreating from March highs
  • softer US dollar
  • early inflation concerns
  • stabilising real yields
Themes#yields cooling#inflation hedge#recovery

Key events in April 2021

  1. Apr 22Gold pushes back toward $1,790 as yields ease

What happened next

The recovery accelerated in May as inflation data ran hot.

For gold buyers in Bhutan

April rewarded buyers of the March low as the yield headwind finally eased.

The 2021 gold market: Consolidation below 2020 highs

Gold traded mostly sideways in 2021 between $1,680 and $1,950 as the Fed signaled coming tightening. Cryptocurrency mania peaked in November. Inflation began running above target. Year close: $1,829.

Key drivers in 2021

Crypto-boom drawing capital, Fed taper announcement, inflation rising, equity rally

2021 XAU/USD high

$1,945 (Jun)

2021 XAU/USD low

$1,676 (Mar)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Bhutan gold market

Bhutan retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.

Standard quote unit

gram

Common purity

24K

Currency

BTN (Nu.)

Daily gold price — April 2021, Bhutan

How Bhutan gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The BTN/USD exchange rate comes from exchangerate-api.com's 2021 year-end snapshot.

Conversion. Every BTN figure on this page is computed as XAU/USD price × BTN/USD rate. We use the year-end exchange rate consistently across all April 2021 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Bhutan, add the country-specific levies described in the “Bhutangold market” section above.

FAQ — Bhutan gold price in April 2021

What was the gold price in Bhutan in April 2021?

In April 2021, gold in Bhutan opened at Nu.130,942/oz and closed at Nu.131,512/oz — a move of +0.44% on the month. Per tola: ≈Nu.49,318; per gram: ≈Nu.4,228; per 10g: ≈Nu.42,282.

What was the 24K gold rate per tola in Bhutan in April 2021?

The 24K gold rate per tola in Bhutan at the April 2021 close was approximately Nu.49,318, derived from international XAU/USD spot of $1,767.70/oz times the 2021-end BTN/USD exchange rate of 74.397. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Bhutan in April 2021?

Bhutan's most-quoted retail standard is 24K per gram. At the April 2021 close, that worked out to approximately Nu.4,224 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

BTN prices on this page are computed from the verified international XAU/USD spot price for April 2021 (sourced from gold-api.com), multiplied by the 2021-end BTN/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The Nu. figures here represent the international gold spot price converted to BTN at the 2021-end exchange rate. Bhutan's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Bhutan? See live gold prices in Bhutan with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2021 archive or the USD-only April 2021 page with the country-by-country list at the bottom.

Other markets? Compare April 2021 prices across other major gold-trading countries: India, Nepal, Bangladesh, Sri Lanka, China, Myanmar.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to BTN at the 2021-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Bhutan before transacting.