Gold prices in the local market have declined by approximately Tk 40,000 in a month due to weak demand in the international market, industry insiders have said.
The Bangladesh Jewellers Association (BAJUS) on Friday adjusted the price downward by Tk 6,590 per bhori (11.664 grams), setting the latest price at Tk 2,34,855.
On March 2, the gold price stood at Tk 274,104 per bhori, indicating a notable decline within a short span of time. In the current month gold prices were adjusted 13 times, mostly downward.
The Bangladesh Jewellers Association (BAJUS) said Friday's price adjustment was made due to a decline in the price of acid-tested (pure) gold in the local market. The new rate came into effect from 10:00am on the day.
The decision was taken at an emergency meeting of BAJUS's Standing Committee on Pricing and Price Monitoring, according to a notice signed by its chairman Dr Dewan Aminul Islam Shaheen.
Under the new rates, 22-carat hallmark gold has been set at Tk 20,135 per gram, 21-carat gold now costs Tk 19,220 per gram, while 18-carat gold is priced at Tk 16,475 per gram.
The price of traditional-method gold jewellery has been fixed at Tk 13,415 per gram.
BAJUS also set new prices for silver. According to the revised rates, 22-carat silver is priced at Tk 460 per gram, 21-carat at Tk 440, and 18-carat silver at Tk 380 per gram. The price of traditional-method silver has been set at Tk 285 per gram. The new prices will remain effective at all jewellery outlets across the country until further notice. Jewellers have also been instructed to collect 5.0 per cent VAT from customers and deposit it into the government treasury.
Market insiders said gold prices have witnessed a continuous downward trend in recent weeks due to easing global bullion rates and subdued demand in key international markets.
Between March 1 and 27, Bajus adjusted gold prices a total of 13 times. Out of these, prices were reduced 10 times.
As of late January 2026, the highest gold price in Bangladesh reached a record-breaking level exceeding Tk 286,000 per bhori (11.664 grams) for 22-carat gold, reflecting strong global demand and supply constraints at that time, traders added.
saif.febd@gmail.com
