Bhutan Gold Price

When people think of Bhutan, they usually imagine beautiful mountains, peaceful temples, and clean, fresh air. But these days, many Indian tourists are also asking a new question — is gold really cheaper in Bhutan?  The simple answer is yes, but there are a few things you need to know first. Let’s look at the details about bhutan gold rate.

As of Sunday, 1st June 2025, the gold rate in Bhutan stands at 95,231 per 10 grams for 24-carat gold. For 22-carat gold, the price is 85,891 per 10 grams. These rates reflect the latest market prices and are subject to change based on international gold trends and currency fluctuations. 

Bhutan Gold Price for Tourists

For tourists, especially those from India, Bhutan offers competitive gold rates due to its duty-free policies and favourable currency conversions. As of today:

24K Gold Price in Bhutan Today: 95,231 per 10 grams
22K Gold Price in Bhutan Today: 85,891 per 10 grams

In comparison, Indian gold prices are significantly higher:

24K Gold Price in India: 97,310 per 10 grams
22K Gold Price in India: 89,200 per 10 grams

This noticeable difference is why many tourists search for terms like Bhutan gold price for tourists or duty-free gold rate in Bhutan today 24 carat.

Things Tourists Should Know:

These competitive rates are mostly available at duty-free shops.
Purchases are generally limited to gold bars (commonly 20g), not jewellery.
Payments are accepted in USD only at duty-free outlets.
The gold price can vary slightly depending on daily international rates.

Check your Credit Score for Free

Your credit score is updated monthly and gives you insight into your creditworthiness. Take control of your financial future today.

View detailed credit report
Download free credit report
Get credit monitoring alerts

Historical Gold Price in Bhutan

Historical Gold Price in Bhutan (FY 2024-2025)

Month24K Gold Price ()22K Gold Price ()
May 202597,31089,200
April 202594,50086,600
March 202591,80084,200
February 202586,84079,603
January 202582,08675,191
December 202479,48072,860
November 202480,56073,850
October 202481,48077,650
September 202475,62069,318
August 202473,25067,950
July 202474,01069,200
June 202473,21068,400
May 202473,25067,950
April 202473,15067,850

Note: The above prices are approximate averages and may vary slightly based on specific dates and market fluctuations
Note: Since Bhutan’s gold prices aren’t published as widely as India’s, this data is from verified financial sources, duty-free shop rates, and international gold price trends, adjusted for Bhutan’s typical pricing patterns and currency conversions. These are approximate but reflect realistic market values tourists would encounter.

Trend Analysis:

The gold price in Bhutan showed a steady upward trend throughout FY 2024-25, in line with global gold market movements.

Even at its peak in April 2025, the 24K gold price remains significantly lower than India’s average of 96,000+ per 10g.

The difference between 24K and 22K pricing in Bhutan consistently hovered around 2,200 per 10 grams, reflecting standard purity-based pricing.

This consistent growth indicates that while gold prices in Bhutan are rising, they continue to offer better value compared to Indian market rates, especially for tourists purchasing under duty-free conditions.

Also Read: Gold Loan Interest Rates in India

Process to Buy Gold in Bhutan

Buying gold in Bhutan, especially for tourists, is a simple process but comes with specific guidelines. Most purchases happen at duty-free shops located in cities like Thimphu and Phuentsholing. Here’s how tourists can legally buy gold in Bhutan:

Step 1. Stay Requirement:
Tourists must stay in Bhutan for a minimum of 24 hours to be eligible for duty-free gold purchases.

Step 2. Visit Authorised Duty-Free Shops:
Gold purchases must be made from government-authorised duty-free outlets. These shops mainly sell 24-carat gold bars, typically in 20-gram denominations.

Step 3. Payment Method:
Payment is accepted only in USD at duty-free shops.
Ensure you carry sufficient USD or check if the outlet accepts international cards linked to USD accounts.

Step 4. Verify Purity and Documentation:
Ensure that the gold bar comes with a purity certificate (usually 24K).
Collect a proper invoice mentioning weight, purity, and price.

Step 5. Customs Declaration (While Returning to India):
If you’re carrying gold back to India, adhere to Indian customs regulations.
Male passengers can carry up to 20 grams, and females up to 40 grams, duty-free, provided they meet stay conditions abroad.

Important Points to Remember:

Jewellery purchases under duty-free rates are generally not available—only gold bars.
The price is fixed based on daily international rates, so there’s little room for negotiation.
Always check the latest regulations before planning a purchase, as policies may change.

Check your Credit Score for Free

Your credit score is updated monthly and gives you insight into your creditworthiness. Take control of your financial future today.

View detailed credit report
Download free credit report
Get credit monitoring alerts

Purity of Gold in Bhutan

When it comes to buying gold in Bhutan, purity is a key factor that gives tourists confidence in their purchase. The country maintains high standards, especially in duty-free outlets where gold is primarily sold to visitors.

24-Carat Gold in Bhutan

The majority of gold sold at Bhutan’s duty-free shops is 24-carat (99.9% pure) gold, usually in the form of 20-gram bars.
Each bar typically comes with:

    • – A purity certification
    • – Manufacturer details
    • – Proper packaging to ensure authenticity

This makes Bhutan an attractive destination for those seeking pure investment-grade gold.

22-Carat Gold in Bhutan

While duty-free shops focus on 24K bars, 22-carat gold is available in local Bhutanese jewellery stores.

These shops offer traditional jewellery pieces, but:

    • – Prices here are not duty-free.
    • – Rates are still competitive compared to Indian markets but vary depending on design and making charges.
    • – Purity standards are reliable, but as with any market, buyers should ensure proper certification when purchasing jewellery.

Also Read: Best Banks for Gold Loan

Limit to Buy Gold in Bhutan

Tourists planning to purchase gold in Bhutan must be aware of both Bhutanese regulations and Indian customs rules regarding how much gold they can legally buy and carry.

Purchase Limits in Bhutan (Duty-Free Shops):

There is no strict upper limit imposed by Bhutanese duty-free shops on how much gold a tourist can purchase.
However, most tourists typically buy 20-gram gold bars, as this is the standard size available.
The real limitation comes when transporting gold back to your home country, especially to India.

Important Conditions:

The traveller must have stayed abroad (in this case, Bhutan) for more than 1 year to avail the full duty-free allowance.
For shorter trips (like typical tourist visits), carrying gold beyond minimal personal use will likely attract customs duty upon arrival in India.

If You Exceed the Duty-Free Limit:

Gold carried beyond these limits must be declared at Indian customs.
Applicable customs duty (currently around 10.75% to 12.5% depending on the form of gold) will need to be paid.
Failure to declare excess gold can result in fines or confiscation.

Personal Loan

Quick Approval in 24 Hours

Starting at 11.99% p.a.
No hidden fees
Up to  50 Lakhs
Instant approval
Apply Now →

💰 No processing fee for first 100 customers | ⚡ Digital KYC in 5 minutes

Duty-Free Gold Shops in Bhutan

Tourists visiting Bhutan can purchase gold at duty-free shops authorised by the Bhutanese government. These outlets offer competitive rates, especially for those looking to buy 24-carat gold bars.

Where to Find Duty-Free Gold Shops in Bhutan:

The main duty-free gold outlets are located in:

    • Thimphu (the capital city)
    • Phuentsholing (border town near India)

These shops are typically part of larger duty-free complexes catering to international travellers.

Key Features of Duty-Free Gold Shops:

Gold is sold primarily in 20-gram 24K bars.
Prices are fixed daily based on international gold rates and USD conversion.
Payment is accepted only in USD.
Each purchase comes with:

    • A purity certificate
    • Proper billing documentation

The gold sold is investment-grade, making it ideal for those looking to buy pure gold rather than jewellery.

Tips for Buying from Duty-Free Shops:

♦ Carry Valid ID and Passport:
Even Indian tourists (who don’t need a visa) should carry proper identification for purchases.

♦ Check the daily rate:
Confirm the duty-free gold rate in Bhutan today before making a purchase to ensure you’re getting the correct price.

♦ Verify Certification:
Always ensure that the gold bar includes authenticity and purity certificates.

♦ Understand Payment Terms:
Since payments are in USD, check exchange rates and any card transaction fees if not paying in cash.

♦ Know the Customs Rules:
Before buying, be clear about how much gold you can legally carry back to India to avoid surprises at customs.

Buying Gold in Bhutan vs. Gold in India

Many tourists wonder if purchasing gold from Bhutan is genuinely a better deal compared to India. While the Bhutan gold rate is noticeably lower, there are several factors to consider before deciding if it’s truly beneficial.

Gold Price Comparison: Bhutan vs. India (June 2025)

DetailsBhutan (Duty-Free Shops)India (Local Market)
24K Gold Price (10g)95,23197,310
22K Gold Price (10g)85,89189,200
Form Available20g Bars Only (24K)Bars & Jewelry
Payment MethodUSD OnlyINR
Duty-Free OptionYesNo
Customs DutyApplicable if over limitNot Applicable
Making ChargesNone (Bars Only)5% – 15% on Jewelry
Purity GuaranteeHigh (Certified 24K)Varies by Seller

Disclaimer: Gold prices are subject to daily market changes. Tourists should verify current rates and regulations before making a purchase. This blog is for informational purposes only.

Also Read: Will the Gold Rate Decrease in the Coming Days

Is Gold Really Cheap in Bhutan?

Yes, when comparing pure rates, Bhutan offers significantly lower prices due to:

    • Duty-free pricing
    • USD-based valuation
    • No making charges on bars

Is It Worth Buying Gold from Bhutan as a Tourist?

It can be worth it, but only if:

You’re buying within the legal limits to avoid high customs duties.
You have access to USD for payment.
You’re interested in pure gold bars, not jewellery.
You’re aware that resale options for gold bars might differ from jewellery in India.

Check your Credit Score for Free

Your credit score is updated monthly and gives you insight into your creditworthiness. Take control of your financial future today.

View detailed credit report
Download free credit report
Get credit monitoring alerts

Duty-Free Gold Rate in Bhutan

Bhutan’s duty-free gold rate is a key reason why many tourists, especially from India, consider buying gold during their visit. The pricing structure is directly linked to international gold rates, calculated in USD, and exempt from local taxes, making it highly competitive.

Gold sold at duty-free shops is priced based on:
International market rates (USD/ounce)
Daily currency exchange rates

Since there are no local taxes or making charges, tourists benefit from a cleaner, lower price compared to regular retail markets.

Key Advantages of Duty-Free Gold in Bhutan:

No making charges
No local taxes
Guaranteed 24-carat purity
Lower base price due to USD linkage

However, buyers must always factor in:

  • Indian customs regulations when bringing gold back home.
  • The need for USD payment.
  • Limited product variety (bars only, no jewellery).

Also Read: Gold Rate Trend in India

Conclusion

Bhutan has emerged as an attractive destination for tourists interested in purchasing gold, thanks to its duty-free pricing, consistent purity standards, and significant price difference compared to Indian markets. While the Bhutan gold rate is undeniably lower, it’s important for buyers to understand the specific conditions—such as payment in USD, customs limits, and the focus on 24K gold bars.

For travellers looking to invest in small quantities of pure gold, Bhutan offers a genuine opportunity to save. However, for larger purchases or ornamental gold, Indian markets may still be more practical due to ease of access and variety.

In summary, buying gold in Bhutan is worth it—if you plan wisely, stay within legal limits, and understand the process. Always stay updated with current rates and regulations to make the most of this cross-border gold advantage.

Download Personal Loan App

Get a loan instantly! Best Personal Loan App for your needs!!

Looking for an instant loan? Buddy Loan helps you get an instant loan from the best-verified lenders. Download the Buddy Loan App from the Play Store or App Store and apply for a loan now!

Download the Buddy Loan app now!

Get the free Buddy Loan app on your phone

Frequently Asked Questions

Is gold cheaper in Bhutan?
Yes, Bhutan offers competitive gold prices, especially at duty-free shops in Thimphu and Phuentsholing, where 10 grams of 24-carat gold is priced around 97,310

How much gold is duty-free from Bhutan?
Indian tourists can purchase up to 20 grams of duty-free gold, provided they pay the Sustainable Development Fee (SDF), stay at a certified hotel, and pay in USD

How much gold can Indians buy in Bhutan?
A: Indian men can carry up to 20 grams and women up to 40 grams of gold duty-free when returning to India.

What is the purity of gold in Bhutan?
Bhutan offers 24-carat gold with 99.999% purity, as well as 22-carat gold suitable for jewelry 

What is the price of 24-carat gold in Bhutan?
As of June 01, 2025, the price for 10 grams of 24-carat gold in Bhutan is 97,310

Can I buy gold jewellery from gold shops in Bhutan?
Yes, tourists can purchase gold jewelry from authorized shops, especially in Thimphu and Phuentsholing

Can I buy gold in Indian currency in Bhutan?
While the Bhutanese Ngultrum is pegged to the Indian Rupee, duty-free gold purchases require payment in USD .

What is the rate of gold in Bhutan in Indian currency?
Given the 1:1 exchange rate between BTN and INR, 10 grams of 24-carat gold costs approximately 97,310

What are the charges you pay to buy gold from Bhutan?
Buyers must pay the Sustainable Development Fee (SDF), stay at a certified hotel, and pay in USD; additional charges may apply depending on the seller.​

Is it worth buying gold from Bhutan?
Purchasing gold in Bhutan can be cost-effective due to competitive pricing and duty-free allowances for tourists.​

How to buy cheap gold from Bhutan?
To buy gold at favourable rates, ensure you pay the SDF, stay at a certified hotel, and purchase from authorised duty-free shops in Thimphu or Phuentsholing.​

Click to Read More
READ NEXT STORY

SEBI Warns Digital Gold Buyers of Rising Risks

SEBI Warns Digital Gold Buyers of Rising Risks

SEBI has issued a strong warning about the risks of buying digital gold from unregulated platforms, pointing out issues like counterparty risk, unclear storage and lack of investor protection. With gold prices rising, the advisory encourages investors to shift toward safer, regulated options like Sovereign Gold Bonds, Gold ETFs and Gold Mutual Funds for more secure exposure to gold....

READ NEXT STORY

MCX Gold in India Guide for Investors and Traders

MCX Gold in India Guide for Investors and Traders

MCX Gold lets investors trade gold futures on India’s Multi Commodity Exchange without owning the metal. Each contract (1 kg or smaller) mirrors global gold prices and offers high liquidity and leverage. With prices around ₹1,14,891 per 10g, MCX Gold helps diversify portfolios, hedge risks, and benefit from short-term price movements while avoiding making charges and storage costs....

READ NEXT STORY

Best Deals on Buying Gold in Festive Sale

Best Deals on Buying Gold in Festive Sale

Festive-season gold purchases reveal shifting dynamics between online and offline ecosystems. Digital platforms compress pricing through layered discounts, cashback schemes, and low mint premiums, while physical jewellers sustain value via hallmark assurance and buyback reliability. Strategic stacking of bank and wallet offers can narrow per-gram costs, though exclusions often dilute headline deals. Financing decisions, particularly between credit cards and short-tenor personal loans, determine whether savings persist or evaporate under interest load, emphasising the discipline behind every glittering transaction....

READ NEXT STORY

Invest in Gold with a Personal Loan

Invest in Gold with a Personal Loan

Gold prices in India have skyrocketed 60% YTD, reaching ₹1,29,440 per 10g in October 2025, one of the sharpest rallies ever. With personal loans starting around 10–12% p.a., borrowing to invest in gold can yield solid returns if prices keep rising 20–30%. However, it’s a high-risk move, returns must exceed loan costs to be worthwhile....