Gold prices in Bangladesh have surged to a new record high, rising by Tk6,299 per bhori just hours after a brief reduction, according to the Bangladesh Jewellers Association (BAJUS).
In a statement issued on Friday, BAJUS said the price of 22-carat gold had been increased to Tk255,617 per bhori (11.664 grams), the highest level ever recorded in the country. The revised rates came into effect from 12:15 pm on January 23.
The sharp increase follows a short-lived price cut announced late on Thursday night, when BAJUS reduced the price of 22-carat gold by Tk3,149 per bhori to Tk249,318. That reduction lasted less than half a day before the jewellers’ body reversed course.
BAJUS said the latest adjustment was made in response to an increase in the local market price of tejabi or pure gold, as well as overall market conditions.
Under the new pricing structure, 21-carat gold is selling at Tk244,011 per bhori, while 18-carat gold has been fixed at Tk209,136 per bhori. Gold produced under the traditional method is now priced at Tk171,869 per bhori.
In addition to the listed selling prices, buyers will be required to pay a government-mandated value-added tax of five per cent, along with a minimum six per cent making charge set by BAJUS. The making charge may vary depending on the design and quality of the jewellery.
With the latest revision, gold prices in the domestic market have been adjusted 12 times so far in 2026, including nine increases and three reductions. By comparison, prices were revised 93 times in 2025, with 64 hikes and 29 cuts, reflecting persistent volatility in the market.
Despite the sharp rise in gold prices, silver rates remain unchanged.
According to BAJUS, the price of 22-carat silver continues to stand at Tk6,357 per bhori, while 21-carat silver is selling at Tk6,065 per bhori. Prices for 18-carat and traditional silver remain at Tk5,190 and Tk3,907 per bhori respectively.
Silver prices have been revised eight times so far this year, including five increases and three reductions. In 2025, silver prices were adjusted 13 times, with 10 increases and three decreases, BAJUS data show.
The latest surge underscores ongoing volatility in Bangladesh’s precious metals market, driven largely by fluctuations in local and international gold prices.