Gold prices in Bangladesh have declined modestly following a recent record surge, as the Bangladesh Jewelers’ Association (BAJUS) announced a downward revision effective Sunday, September 28.
The price of 22-carat (best quality) gold has been reduced by Tk 1,890 per bhori (11.664 grams), bringing it down to Tk 192,969 per bhori.
This adjustment follows a sharp increase on September 24, when the same grade reached an all-time high of Tk 194,859 per bhori.
The reduction comes in response to a fall in the local market price of pure gold.
The decision was made during a meeting of BAJUS’s Standing Committee on Pricing and Price Monitoring on Saturday, 28 September, and formalised in a notification signed by committee chairman Masudur Rahman.
Revised gold prices across other purities are as follows:
21-carat gold: Reduced by Tk 1,808 to Tk 184,198 per bhori
18-carat gold: Reduced by Tk 1,540 to Tk 157,884 per bhori
Traditional gold: Reduced by Tk 1,306 to Tk 131,045 per bhori
These new rates replace the prices that had been in effect since 24 September, when gold saw its steepest single-day increase in recent memory:
22-carat gold rose by Tk 3,663 to Tk 194,859
21-carat gold rose by Tk 3,511 to Tk 186,006
18-carat gold rose by Tk 2,998 to Tk 159,424
Traditional gold rose by Tk 2,554 to Tk 132,351
Notably, silver prices remain unchanged. The current rates are:
22-carat silver: Tk 3,628 per bhori
21-carat silver: Tk 3,453 per bhori
18-carat silver: Tk 2,963 per bhori
Traditional silver: Tk 2,228 per bhori
The latest adjustment reflects the volatile nature of precious metal markets, with domestic pricing closely tied to international trends and local refining costs. While the dip offers slight relief to consumers, gold remains near historic highs, underscoring ongoing economic pressures and strong demand during the wedding and festival season.