Gold prices to cut again in local markets

Country’s jewellery industry body has once again reduced gold prices in the domestic market, reflecting a decline in the price of refined gold in the local market.

In a notice issued on Saturday (May 23), the Bangladesh Jewellers Association (BAJUS) announced a reduction of Tk 2,158 per bhori, setting the price of 22-carat gold at Tk 235,963 per bhori. The revised prices came into effect at 10:00 am on the same day.

BAJUS said the adjustment was made after a decline in the price of pure gold (tejabi sona) in the local market, taking into account overall market conditions. The decision was finalised at a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring, chaired by Dewan Aminul Islam Shahin.

Earlier, on May 21, gold prices had been increased by the same margin.

Under the new structure, 21-carat gold has been reduced by Tk 2,099 to Tk 225,232 per bhori, while 18-carat gold has been cut by Tk 1,808 to Tk 193,039 per bhori. Traditional gold prices have also been reduced by Tk 1,458, bringing the new rate to Tk 157,231 per bhori.

Despite the decline in gold prices, silver rates remain unchanged. According to BAJUS, 22-carat silver is priced at Tk 5,657 per bhori, while 21-carat stands at Tk 5,365, 18-carat at Tk 4,607, and traditional silver at Tk 3,441 per bhori.

BAJUS data shows that gold prices in Bangladesh have been adjusted 68 times so far this year, including 36 increases and 32 reductions. In 2025, prices were revised 93 times, with 64 increases and 29 decreases.