In Nepal, the jewellery market is currently navigating historic high prices. As of late February 2026, gold has reached record levels, leading many major retailers in Kathmandu to offer "making charge" discounts and exchange bonuses to keep the market active.
Top Brand Offers (February 2026)
RB Diamond Jewellers
One of Nepal's most prestigious diamond houses is currently focusing on high-end bridal and solitaire collections.
* Price Transparency: They provide daily updated rates for 24K gold and silver directly on their portal to ensure buyer confidence during this volatile period.
* Modern Heritage: Their 2026 "Sparkling Collection" is currently being promoted, featuring traditional designs with a modern edge (e.g., Diamond & Ruby necklaces starting around NPR 4,000,000).
Shree Riddhi Siddhi Jewellers
Known for being a market mover in "making charge" wars:
* Making Charge Discount: Following their successful 2025 campaign, they continue to offer competitive labor rates, often dropping from the standard 12% to as low as 7% for high-volume purchases.
* Diamond Accessibility: They are currently running a "Diamond for All" promotion, offering significant markdowns on diamond jewellery to offset the rising cost of the gold mounts.
Ganapati Jewellers
* New Arrivals: The Lumiere Collection has just launched for the spring season.
* Virtual Counselling: They are offering free virtual consultations for overseas Nepalis or those outside Kathmandu to design custom pieces for upcoming weddings.
Current Market Rates (February 23, 2026)
Gold and silver prices in Nepal have surged significantly this month. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA):
* Fine Gold (24K): ~NPR 310,300 per tola (11.66g)
* Silver: ~NPR 5,425 per tola
> Context: Prices rose by over NPR 5,600 in a single day this week. The all-time high was recorded on January 29, 2026, at NPR 339,000 per tola.
>
Shopping Tips for Nepal
* The Tola System: In Nepal, jewellery is sold by the "tola" (11.66 grams). Always calculate the price based on the current FENEGOSIDA daily rate to ensure you are not overpaying.
* Wait for the "New Year" Teasers: The Nepali New Year (Baisakh) is in mid-April. In late February and early March, many shops clear "Old Year" stock. If you aren't looking for the latest 2026 designs, you can often negotiate an extra 2–3% discount on older inventory.
* Buyback Policy: With gold at NPR 3.1 lakh+, ensure your jeweller provides a clear buyback guarantee. Most reputable Kathmandu shops will buy back their own gold at 95–100% of the current market value (minus making charges).
* Hallmarking: Ensure your pieces carry the HUID or the official laboratory stamp. This is crucial for resale, especially as the government has tightened regulations on imported gold.
Top Brand Offers (February 2026)
RB Diamond Jewellers
One of Nepal's most prestigious diamond houses is currently focusing on high-end bridal and solitaire collections.
* Price Transparency: They provide daily updated rates for 24K gold and silver directly on their portal to ensure buyer confidence during this volatile period.
* Modern Heritage: Their 2026 "Sparkling Collection" is currently being promoted, featuring traditional designs with a modern edge (e.g., Diamond & Ruby necklaces starting around NPR 4,000,000).
Shree Riddhi Siddhi Jewellers
Known for being a market mover in "making charge" wars:
* Making Charge Discount: Following their successful 2025 campaign, they continue to offer competitive labor rates, often dropping from the standard 12% to as low as 7% for high-volume purchases.
* Diamond Accessibility: They are currently running a "Diamond for All" promotion, offering significant markdowns on diamond jewellery to offset the rising cost of the gold mounts.
Ganapati Jewellers
* New Arrivals: The Lumiere Collection has just launched for the spring season.
* Virtual Counselling: They are offering free virtual consultations for overseas Nepalis or those outside Kathmandu to design custom pieces for upcoming weddings.
Current Market Rates (February 23, 2026)
Gold and silver prices in Nepal have surged significantly this month. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA):
* Fine Gold (24K): ~NPR 310,300 per tola (11.66g)
* Silver: ~NPR 5,425 per tola
> Context: Prices rose by over NPR 5,600 in a single day this week. The all-time high was recorded on January 29, 2026, at NPR 339,000 per tola.
>
Shopping Tips for Nepal
* The Tola System: In Nepal, jewellery is sold by the "tola" (11.66 grams). Always calculate the price based on the current FENEGOSIDA daily rate to ensure you are not overpaying.
* Wait for the "New Year" Teasers: The Nepali New Year (Baisakh) is in mid-April. In late February and early March, many shops clear "Old Year" stock. If you aren't looking for the latest 2026 designs, you can often negotiate an extra 2–3% discount on older inventory.
* Buyback Policy: With gold at NPR 3.1 lakh+, ensure your jeweller provides a clear buyback guarantee. Most reputable Kathmandu shops will buy back their own gold at 95–100% of the current market value (minus making charges).
* Hallmarking: Ensure your pieces carry the HUID or the official laboratory stamp. This is crucial for resale, especially as the government has tightened regulations on imported gold.
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