Nepal Rastra Bank to Halt Sale of Gold Coins This Tihar, Only Silver Medallions Available

Kathmandu, October 14 — Targeting the upcoming Tihar (Dhanteras) festival, the Nepal Rastra Bank (NRB) has announced that it will not sell gold coins (Asarfi) this year. Instead, the central bank’s Mint Division (Taksar Mahashakha) will sell silver medallions only, starting from October 12 (Ashwin 26, 2082).

According to the NRB Mint Division, the price of the 10-gram Laxmi Medallion has been fixed at Rs. 3,000, and each individual will be allowed to purchase only one piece.

Similarly, Ganesh Medallion (10 grams), Gajalaxmi Medallion (10 grams), and Cow Medallion (10 grams) will also be sold at Rs. 3,000 each, limited to one unit per person. All these medallions will be made of pure silver and will be available in limited quantities.

Buyers are required to bring a photocopy of their citizenship certificate or a valid identification document containing their citizenship number while purchasing.

In previous years, the Nepal Rastra Bank used to issue both gold and silver coins (Asarfi and Medallions) during the Tihar festival; however, this year the sale of gold coins has been suspended due to internal policy decisions.