Gold prices in Bangladesh have been reduced once again as the Bangladesh Jewellers Association (BAJUS) announced a downward revision of the maximum retail rates, effective from today.
Price reduction details
According to the BAJUS announcement, the price of 22-carat gold, the highest quality grade, has been cut by Tk 2,650 per bhori. The new rate now stands at Tk 143,852 per bhori, down from the previous Tk 146,502.Other carat categories have also seen proportionate reductions. The price of 21-carat gold has been set at Tk 137,293 per bhori, a decrease of Tk 2,530. Meanwhile, 18-carat gold now costs Tk 117,685 per bhori, and traditional method gold has been priced at Tk 96,488 per bhori.
Market context and impact
BAJUS officials stated that the adjustment was made in line with international market trends. Global gold prices have softened in recent days, prompting the local market correction. This reduction comes after several consecutive weeks of price increases.Buyers have welcomed the move. One customer at a Dhaka jewellery shop said, "I came to buy today after hearing the price has dropped. I hope this trend continues."
Silver prices unchanged
While gold prices have been reduced, silver rates remain unchanged. BAJUS has kept the silver price at Tk 2,382 per bhori, as per the previous rate.Sources at BAJUS indicated that the association regularly reviews market prices to maintain stability in the country's gold industry and protect consumer interests. Further adjustments may follow depending on international market conditions.
