Gold prices in Bangladesh have been cut by Tk6,590 per bhori, with the new rates taking effect immediately, the Bangladesh Jewellers Association (BAJUS) said on Monday.

In a morning notice, BAJUS said the decision was taken following a decline in the local price of pure gold (tejabi), prompting a review of the overall market situation.

Under the revised rates, a bhori (11.664 grams) of 22-carat hallmark gold will now cost Tk251,184.

The price of 21-carat gold has been fixed at Tk239,754 per bhori, while 18-carat gold will sell at Tk205,520. Gold made under the traditional method has been priced at Tk168,195 per bhori.

In addition to the selling price, buyers will have to pay a mandatory 5 percent government VAT and a minimum 6 percent wage set by BAJUS. The labour charge, however, may vary depending on the design and quality of jewellery.

BAJUS last adjusted gold prices on the night of February 1, when it reduced the price of 22-carat gold by Tk1,925 per bhori to Tk257,774.

So far in 2026, gold prices have been adjusted 21 times in the local market—raised on 14 occasions and reduced seven times.

Despite the fall in gold prices, silver rates have remained unchanged. According to prices set on January 31, 22-carat silver is currently selling at Tk7,290 per bhori.

Why gold prices hit record highs and what triggered the sudden drop

The price of 21-carat silver stands at Tk6,940, while 18-carat silver is priced at Tk5,949 per bhori. Silver made under the traditional method is trading at Tk4,432 per bhori.

Silver prices have been adjusted 14 times so far this year, with increases on nine occasions and reductions on five.