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 Friday, 25th April 2025, the gold rate in Bhutan stands at ₹98,310 per 10 grams for 24-carat gold. For 22-carat gold, the price is ₹90,050 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: ₹26,878 per 10 grams
- 22K Gold Price in Bhutan Today: ₹24,636 per 10 grams
In comparison, Indian gold prices are significantly higher:
- 24K Gold Price in India: ₹96,033 per 10 grams
- 22K Gold Price in India: ₹88,030 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.
Historical Gold Price in Bhutan
Historical Gold Price in Bhutan (FY 2024-2025)
Month | 24-Carat Gold Price (per 10g in INR) | 22-Carat Gold Price (per 10g in INR) |
April 2024 | ₹26,200 | ₹24,000 |
May 2024 | ₹26,350 | ₹24,150 |
June 2024 | ₹26,500 | ₹24,300 |
July 2024 | ₹26,700 | ₹24,500 |
August 2024 | ₹26,750 | ₹24,550 |
September 2024 | ₹26,900 | ₹24,700 |
October 2024 | ₹27,050 | ₹24,850 |
November 2024 | ₹27,200 | ₹25,000 |
December 2024 | ₹27,350 | ₹25,150 |
January 2025 | ₹27,500 | ₹25,300 |
February 2025 | ₹27,650 | ₹25,450 |
March 2025 | ₹27,800 | ₹25,600 |
April 2025 | ₹27,950 | ₹25,750 |
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:
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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 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:
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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.
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 (April 2025)
Details | Bhutan (Duty-Free Shops) | India (Local Market) |
24K Gold Price (10g) | ₹27,950 | ₹96,000 |
22K Gold Price (10g) | ₹25,750 | ₹88,000 |
Form Available | 20g Bars Only (24K) | Bars & Jewelry |
Payment Method | USD Only | INR |
Duty-Free Option | Yes | No |
Customs Duty | Applicable if over limit | Not Applicable |
Making Charges | None (Bars Only) | 5% – 15% on Jewelry |
Purity Guarantee | High (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: Increase credit score with Gold Loan
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.
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.
How Duty-Free Gold Pricing Works in Bhutan:
- 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: Benefits of Gold loan
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.
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Frequently Asked Questions
Q: Is gold cheaper in Bhutan?
A: 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 ₹26,878
Q: How much gold is duty-free from Bhutan?
A: 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
Q: 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 Q: What is the purity of gold in Bhutan?
A: Bhutan offers 24-carat gold with 99.999% purity, as well as 22-carat gold suitable for jewelry
Q: What is the price of 24-carat gold in Bhutan?
A: As of April 24, 2025, the price for 10 grams of 24-carat gold in Bhutan is ₹26,878
Q: Can I buy gold jewellery from gold shops in Bhutan?
A: Yes, tourists can purchase gold jewelry from authorized shops, especially in Thimphu and PhuentsholingQ: Can I buy gold in Indian currency in Bhutan?
A: While the Bhutanese Ngultrum is pegged to the Indian Rupee, duty-free gold purchases require payment in USD .
Q: What is the rate of gold in Bhutan in Indian currency?
A: Given the 1:1 exchange rate between BTN and INR, 10 grams of 24-carat gold costs approximately ₹26,878
Q: What are the charges you pay to buy gold from Bhutan?
A: 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.
Q: Is it worth buying gold from Bhutan?
A: Purchasing gold in Bhutan can be cost-effective due to competitive pricing and duty-free allowances for tourists.
Q: How to buy cheap gold from Bhutan?
A: 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.