United News of Bangladesh

Gold prices in the Bangladesh market fell sharply again, with the price of 22-carat gold dropping by Tk15,746 per bhori (11.664 grams) in a single day, the Bangladesh Jewellers Association (Bajus) announced on Saturday. In a morning notification, Bajus said the new price of 22-carat gold has been fixed at Tk255,617 per bhori, citing a decline in the local price of refined gold (tejabi sona). According to the revised rates, 21-carat gold is now priced at Tk244,011 per bhori, while 18-carat gold stands at Tk209,136 per bhori. Gold made under the traditional method has been fixed at Tk171,869 per bhori. Bajus noted that a mandatory 5 percent government VAT and a minimum 6 percent making charge set by the association must be added to the selling price. Making charges, however, may vary depending on the design and quality of jewellery. Earlier, on January 30, Bajus reduced the price of 22-carat gold by Tk14,638 per bhori, fixing it at Tk271,363. As a result, gold prices in the local market have fallen by a total of Tk30,384 within two days. Before the two consecutive price cuts, gold prices were raised by Tk16,213 per bhori on January 29, pushing the price of 22-carat gold to a record Tk286,001 per bhori—the highest ever in Bangladesh. So far in 2026, gold prices have been adjusted 18 times, with prices increasing on 13 occasions and decreasing five times. Silver prices have also been reduced. The price of 22-carat silver has been cut by Tk467 to Tk7,290 per bhori. The price of 21-carat silver now stands at Tk6,940 per bhori after a similar reduction, while 18-carat silver has been fixed at Tk5,949 per bhori, down Tk408. Silver under the traditional method is now priced at Tk4,432 per bhori, following a Tk350 cut. Meanwhile, global gold prices have seen a significant decline. In the spot market, gold fell by more than $434 per ounce in a day, dropping to $4,893 an ounce.

Gold prices have climbed to unprecedented levels in recent weeks as investors rushed into the traditional safe-haven asset amid intensifying global political uncertainty. The precious metal surged beyond the $5,000 (£3,646) per ounce threshold for the first time on Monday and briefly touched $5,500. Silver and platinum prices also recorded sharp gains during the same period. However, prices of all three metals later retreated sharply following indications of greater political stability in the United States. Even so, they remain significantly higher than a year ago. Trump-driven uncertainty reshapes investments Global trade flows have been disrupted by tariffs imposed by US President Donald Trump on countries he considers unfavourable trading partners. His trade stance has continued to unsettle markets, fuelling demand for gold, according to Emma Wall, chief investment strategist at Hargreaves Lansdown. In January, both gold and silver reached record highs while global stock markets fell, after Trump threatened new tariffs on eight European countries opposed to his proposed takeover of Greenland. Hamad Hussain, an economist at Capital Economics, said gold’s reputation as a safe asset, compared with risks linked to US foreign and fiscal policies under Trump, has pushed the metal “in the spotlight”. Wars and Greenland threats heighten tensions Ongoing wars in Ukraine and Gaza have added to wider geopolitical anxiety. The US seizure of Venezuelan President Nicolás Maduro also sent gold prices soaring. Trump’s Greenland threats further strained global politics, weakening confidence in the US dollar and prompting investors to turn to precious metals. The dollar’s sharpest decline during Trump’s presidency followed his so-called “Liberation Day” tariffs announced last spring. “Gold is doing what it does best when the world feels messy, jumping amid rising trade tensions, geopolitical flare-ups, political uncertainty in the US,” Wall says. Gold sees sharpest one-day fall, down Tk15,746 per bhori “Fresh friction between the US, Canada and China, unease around Europe and the Middle East, and even shutdown risks in Washington have all added to gold’s appeal.” Central banks fuel the rally Heavy buying by central banks has been another major driver behind rising gold prices. “Investors and global central banks have... favoured gold as their reserve currency of choice, which they believe insulates them from US policy dependence,” Wall says. “Certain nations will have observed the threat of Russia having its US dollar assets seized by global players supportive of Ukraine, and subsequently considered the metal a more attractive neutral reserve,” she added. Although central banks are still purchasing more gold than before 2022, Hussain noted that demand appeared to ease somewhat in 2025. China remains the world’s largest gold buyer, with demand coming from jewellery purchases and investment. Western investors have also poured money into gold-owning and trading firms. Hussain said new market entrants have also played a role, citing digital currency firm Tether, which has reportedly amassed gold reserves larger than those of some small countries. Why prices fell recently Gold prices had surged partly on fears Trump might appoint a Federal Reserve chair willing to cut interest rates aggressively, potentially weakening the dollar and stoking inflation. Gold is often bought as a hedge against such risks. But prices of gold, silver and platinum dropped after reports suggested Trump would nominate Kevin Warsh, viewed as a more reassuring choice than other contenders, reports BBC. U.S. stocks control higher as gold sets a fresh record and the dollar weakens again Despite the pullback, precious metals remain far above last year’s levels due to persistent geopolitical tensions, existing tariffs, fresh tariff threats and ongoing global conflicts, keeping safe-haven demand strong. One of gold’s enduring attractions is its limited supply. Nicholas Frappell, global head of institutional markets at ABC Refinery, told the BBC: “When you own gold, it’s not attached to the debt of somebody else like a bond is or an equity where the performance of a company will drive performance. “It’s a really good diversifier in a very uncertain world.” Recent volatility, however, underscores that gold prices can fall as quickly as they rise, like other traded commodities. Gold prices drop sharply in Bangladesh  Gold prices in Bangladesh dropped sharply again on Saturday, with the rate of 22-carat gold falling by Tk15,746 per bhori (11.664 grams) in a single day, according to the Bangladesh Jewellers Association (Bajus). In a morning notice, Bajus said the price of 22-carat gold has been reset at Tk255,617 per bhori, following a decline in the local price of refined gold, known as tejabi sona. Under the updated rates, 21-carat gold now costs Tk244,011 per bhori, while 18-carat gold is priced at Tk209,136. Gold produced under the traditional method has been fixed at Tk171,869 per bhori. Greenland’s strategic role in nuclear defense comes into focus amid Trump’s ‘Golden Dome’ push Bajus added that buyers will have to pay a mandatory 5 percent VAT along with a minimum 6 percent making charge set by the association, although the making charge may vary depending on the design and quality of the jewellery. Earlier, on January 30, Bajus had reduced the price of 22-carat gold by Tk14,638 per bhori, bringing it down to Tk271,363. With the latest cut, gold prices in the local market have declined by a total of Tk30,384 within just two days. Prior to these back-to-back reductions, gold prices were raised by Tk16,213 per bhori on January 29, pushing the price of 22-carat gold to an all-time high of Tk286,001 per bhori—the highest ever recorded in Bangladesh. So far in 2026, Bajus has adjusted gold prices 18 times, with increases on 13 occasions and reductions five times.  

Gold prices in Bangladesh soared to an all-time high as the Bangladesh Jewellers Association (BAJUS) raised the price of gold by Tk4,199 per bhori, effective from Tuesday morning. Under the new rate, the price of 22-carat gold has been set at Tk232,055 per bhori (11.664 grams), the highest level ever recorded in the local market. BAJUS announced the price hike late Monday night, citing an increase in the price of pure gold (tejabi gold) in the local market. Considering the overall market situation, the association said it has revised gold prices accordingly. Gold prices in Bangladesh jump nearly Tk 3,000 per bhori in 24 hours According to the new price structure, 21-carat gold will cost Tk221,499 per bhori, while 18-carat gold has been fixed at Tk189,890 per bhori. The price of gold under the traditional method has been set at Tk156,881 per bhori. In addition to the announced prices, buyers will have to pay the government-mandated 5 percent VAT and a minimum 6 percent making charge set by BAJUS. However, the making charge may vary depending on the design and quality of jewellery. BAJUS last revised gold prices on January 10, when it increased the price of 22-carat gold by Tk1,050 per bhori to Tk227,856. With the latest revision, gold prices have been adjusted six times so far this year, raised on four occasions and reduced twice. In 2025, gold prices were revised a total of 93 times, with hikes on 64 occasions and cuts on 29. Silver prices have also been increased alongside gold. The price of 22-carat silver has been raised by Tk408 per bhori to Tk5,949. Man held with 1.3 kg gold at Shahjalal Airport Under the revised rates, 21-carat silver will sell at Tk5,715 per bhori, 18-carat silver at Tk4,899, and traditional method silver at Tk3,674 per bhori. This marks the fourth adjustment of silver prices in the local market this year, with prices increased twice and reduced twice. In 2025, silver prices were revised 13 times—upward on 10 occasions and downward three times.

The price of gold in Bangladesh has once again surged to a record high, just two days after the last adjustment. The price of 22-carat gold has increased by Tk 1,470 per bhori, reaching Tk 154,945—marking the highest rate in the country’s history. The Bangladesh Jewellers Association (Bajus) announced the price hike in a notice on Tuesday evening, stating that the new rates will take effect from Wednesday in the local market. Bajus explained that the decision to raise prices was due to an increase in the price of raw gold in the local market. Gold price increases by Tk 2,613 per bhori in Bangladesh Considering the overall situation, the association has set new rates accordingly. Under the revised pricing, the cost of gold per bhori has been set as follows: 22-carat: Tk 154,94521-carat: Tk 147,90018-carat: Tk 126,776Traditional method: Tk 104,498Bajus also specified that a 5% government-mandated VAT, along with a minimum making charge of 6% as set by the association, must be added to the selling price. But, the making charges may vary depending on the jewellery’s design and quality. Gold prices come down slightly in domestic market The last adjustment in gold prices took place on March 16, when Bajus increased the price of 22-carat gold by Tk 2,613 per bhori, setting it at Tk 153,475. So far this year, gold prices in Bangladesh have been adjusted 15 times, with prices increasing 11 times and decreasing only 4 times.