Gold prices in Bangladesh dropped significantly on Friday, just one day after reaching an all-time high, as the Bangladesh Jewellers Association (BAJUS) slashed rates by Tk14,638 per bhori.
According to a BAJUS notification, the price of 22-carat gold has been reset at Tk2,71,363 per bhori (11.664 grams), with the revised rate taking effect immediately.
BAJUS said the downward adjustment was made in response to a decline in the local market price of pure gold (tejabi sona).
Under the new price structure, 21-carat gold will sell at Tk2,58,999 per bhori, while 18-carat gold has been fixed at Tk2,22,024 per bhori. The price of traditional gold has been set at Tk1,82,833 per bhori.
In addition to the listed prices, buyers will be required to pay a 5 per cent value-added tax imposed by the government, along with a minimum 6 per cent making charge determined by BAJUS. The making charge, however, may vary depending on the design and craftsmanship of the jewellery.
Only a day earlier, on 29 January, BAJUS had raised gold prices by Tk16,213 per bhori, pushing the rate to Tk2,86,000 - the highest level ever recorded in Bangladesh’s gold market.
Since the beginning of 2026, gold prices have been revised 17 times, increasing on 13 occasions and decreasing four times, reflecting continued volatility in the market.
Silver prices have also been revised downward. BAJUS reduced the price of 22-carat silver by Tk816 to Tk7,757 per bhori, marking the first cut after four consecutive increases.
As per the updated rates, 21-carat silver will be sold at Tk7,407 per bhori, 18-carat silver at Tk6,357 per bhori, while traditional silver has been priced at Tk4,782 per bhori.
Meanwhile, the global gold market also witnessed a decline. Spot gold prices fell from around USD5,600 per ounce on Thursday to approximately USD5,100 on Friday, registering a drop of more than 4 per cent within a single day.
