Gold, Silver prices see sharp drop in local market

Gold and silver prices have dropped significantly in Bangladesh following a decline in global bullion rates, according to the Bangladesh Jewellers Association (BAJUS).

In a notice issued on Saturday (June 6), BAJUS announced that the price of gold has been reduced by Tk 5,482 per bhori, with the new rate coming into effect from 10:00am the same day.

Under the revised pricing, the price of 22-carat gold has been set at Tk 229,373 per bhori (11.664 grams). The price of 21-carat gold now stands at Tk 218,933, while 18-carat gold is priced at Tk 187,674 per bhori. Traditional gold has been fixed at Tk 152,857 per bhori.

BAJUS said the adjustment was made due to a decline in the local price of refined gold (tezhabi sona), which has impacted the overall market trend.

Silver prices have also been reduced. The new rates set 22-carat silver at Tk 5,249 per bhori. The price of 21-carat silver is Tk 4,957, 18-carat silver Tk 4,257, and traditional silver Tk 3,208 per bhori.

The association noted that gold prices were last adjusted on June 2, when they were reduced by Tk 3,266 per bhori. With the latest revision, gold prices have been adjusted 71 times so far this year—37 times upward and 34 times downward.

Silver prices were also revised on June 2, when 22-carat silver dropped by Tk 117 per bhori. So far this year, silver prices have been adjusted 42 times, including 22 increases and 20 decreases. In 2025, silver prices were adjusted 13 times, rising 10 times and falling 3 times.

Market analysts say the frequent fluctuations reflect volatility in the global bullion market, which continues to influence domestic pricing trends.