Question 1

What is today's silver price in Nepal?

Accepted Answer

Today's silver price in Nepal is based on the latest benchmark published by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA). This page displays the most recent available silver rate per Tola and automatically calculates equivalent values per Gram, 10 Grams, Kilogram, Aana, and Lal.

Question 2

Who determines the silver price in Nepal?

Accepted Answer

The benchmark silver rate used in Nepal is based on prices published by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA). International silver prices, exchange rates, and domestic market conditions influence these daily benchmarks.

Question 3

How much does one tola of silver weigh?

Accepted Answer

One Nepal Tola equals 11.6638 grams. This traditional measurement is the standard unit used for pricing silver and gold throughout Nepal.

Question 4

Why does the silver price change every day?

Accepted Answer

Silver prices change because of several market factors including: international silver spot prices, exchange rate fluctuations, industrial demand, investment demand, global economic conditions, and import costs. These factors affect the benchmark price published for the Nepal market.

Question 5

How is silver priced in Nepal?

Accepted Answer

Silver in Nepal is priced by calculating the international spot price (XAG/USD) and converting it to Nepalese Rupees (NPR), then adding import duties, customs charges, and local market adjustments to form the daily benchmark rate.

Question 6

Is the silver price on NepaCalc updated daily?

Accepted Answer

Yes. The silver benchmark prices on NepaCalc are updated every trading day after the official market rate becomes available, ensuring you have the latest reference price.

Question 7

What is the difference between silver spot price and Nepal silver price?

Accepted Answer

The international spot price represents the global trading value of pure silver in US Dollars. The Nepal silver price additionally reflects USD/NPR exchange rates, government import taxes, and domestic supply conditions before retail making charges are added.

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