1. News
  2. Economy
  3. Tihar Gold Coins Sell Out on…

Tihar Gold Coins Sell Out on First Day

Nepal Rastra Bank has suspended sales of its Tihar gold coins after all 4,500 coins sold on the first day, while silver medallions remain available.

make it pop

Share card studio

Format
Look
Tihar Gold Coins Sell Out on First Day
Gold coins sold by Nepal Rastra Bank for Tihar

Nepal Rastra Bank has stopped selling gold coins for Tihar after the entire stock sold out on the first day of sales.

 

The central bank sold 4,500 gold coins on Friday, the first day they were put on sale for the festival, priced at Rs 65,400 each. Buyers included bank staff, and demand was so high that the stock ran out within the day.

 

With the gold coins gone, the bank has suspended sales. Silver medallions remain available, priced at Rs 3,700 for 10 grams.

 

Gold coins, known as asrafi, are bought by many families during Tihar, when buying gold is seen as a sign of good fortune for the year ahead. The rush this year shows that demand for the festival coins remains strong.

 

People who missed out on the gold coins can still buy silver medallions from the bank while stocks last.

0
0
0
Niguro Editorial
About the author Niguro Editorial Editor · Niguro

Editorial staff Profile. We publish news and local stories.

Keep Reading

All Economy stories