Gold Prices Fall Sharply in Bangladesh

Gold prices in Bangladesh have dropped significantly ahead of Eid, offering some relief to buyers during the peak festive shopping season. The Bangladesh Jewellers Association (BAJUS) has reduced the price of 22-carat gold by Tk 7,640 per bhori, reflecting a continued downward trend in the local market.

With the latest adjustment, the price of 22-carat gold has been fixed at Tk 254,625 per bhori (11.664 grams), effective immediately. The association said the revision was made in response to a fall in the price of pure gold in the domestic market, along with overall market considerations.

Prices of other gold categories have also been revised downward. A bhori of 21-carat gold is now priced at Tk 243,019, while 18-carat gold costs Tk 208,319. Gold produced through traditional methods has been set at Tk 169,653 per bhori.

This is not the first reduction in recent days. On March 14, the price of 22-carat gold was cut by Tk 2,683 per bhori, bringing it down to Tk 262,265 at the time. The latest move marks a sharper decline, indicating sustained pressure on prices.

Recent trends show frequent adjustments in the gold market. Of the last 10 revisions, prices were reduced six times, including four consecutive cuts that together brought prices down by Tk 15,805 per bhori. So far in 2026, gold prices have been revised 44 times, with 26 increases and 18 decreases, highlighting ongoing volatility.

Silver prices have also been lowered alongside gold. The price of 22-carat silver has dropped by Tk 350 to Tk 5,715 per bhori. Meanwhile, 21-carat silver is now priced at Tk 5,482, 18-carat silver at Tk 4,666, and traditional silver at Tk 3,499 per bhori.

The latest price cuts are expected to boost consumer interest ahead of Eid, a period when gold jewellery demand typically rises across the country.