Gold price
Gold prices plunge over 9%: what triggered the fall and where prices may head next
Gold’s sharp slide—down more than 9 percent in a single session—has rattled global markets and raised a pressing question among investors: will prices sink below the $4,403 mark or stage a recovery?
Spot gold fell to around $4,403 an ounce, marking its steepest one-day decline in decades. The selloff came amid broad weakness across commodities, equities and metals, following the nomination of Kevin Warsh as the next chair of the US Federal Reserve. The move sparked a surge in the US dollar and triggered heavy profit-taking after gold’s recent record highs.
Gold prices drop by Tk6,590 per bhori in Bangladesh
A stronger dollar typically weighs on gold, making the metal more expensive for investors holding other currencies. At the same time, easing geopolitical tensions and tighter trading conditions combined to intensify the downturn.
What drove gold’s steep fall?
Markets reacted swiftly after US President Donald Trump named Warsh, who is widely seen as hawkish on inflation, to lead the Federal Reserve. Expectations of a tougher stance on interest rates lifted the dollar and dampened demand for non-yielding assets like gold.
Spot gold slid more than 9 percent to $4,403.29 per ounce, its sharpest daily fall since 1983. Silver fared even worse, dropping over 13 percent on Monday after plunging 27 percent on Friday. Both metals had hit record highs just days earlier.
Selling pressure accelerated after CME Group raised margin requirements for metal futures, increasing trading costs and forcing many investors to pare back leveraged positions. Analysts said the move led to a rapid unwinding of speculative bets built up during the recent rally, reports The Economic Times.
Gold and silver were sold alongside equities, pointing to a broader market shift as investors reassessed risk. The dollar’s continued strength after Warsh’s nomination added further pressure on precious metals.
Beyond gold: a wider commodities selloff
The downturn spread well beyond bullion markets. Oil prices fell nearly 5.5 percent as signs of easing US-Iran tensions reduced supply concerns. Trump said Iran was in talks with Washington, while Tehran signalled it would not conduct live-fire drills in the Strait of Hormuz.
Gold sees sharpest one-day fall, down Tk15,746 per bhori
Industrial metals also came under heavy pressure. Copper prices slid sharply as demand softened ahead of China’s Lunar New Year holiday, with the most-active contract on the Shanghai Futures Exchange falling 9 percent. Aluminium, nickel and tin also hit limit-down levels.
On the London Metal Exchange, copper dropped nearly 5 percent, while aluminium, zinc, lead, nickel and tin posted steep losses, weighed down by high inventories and subdued buying interest.
Will gold fall further or rebound?
The immediate focus is whether gold will break below the $4,403 level or find support. Analysts say the selloff appears driven more by position unwinding and profit-taking than by a deterioration in fundamentals, suggesting the move could be a correction after an unusually rapid rally.
Outlooks remain divided. Some analysts believe gold could regain strength later in the year if economic risks resurface or expectations around US interest rates shift. For now, however, volatility is likely to persist as markets digest signals on US monetary policy and global growth.
What should investors watch?
Market watchers advise caution in the near term. Movements in the US dollar and signals from the Federal Reserve will be key drivers for gold prices. While some see the recent fall as a healthy correction, others warn that price swings could remain sharp.
7.8 million ounces of new gold resources discovered in Saudi Arabia
Long-term investors may prefer to wait for clearer signs of stability before increasing exposure, while short-term traders are urged to limit leverage amid higher margins and heightened volatility. Diversification, analysts say, remains crucial as markets navigate an uncertain phase.
2 days ago
Gold prices drop by Tk6,590 per bhori in Bangladesh
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.
2 days ago
Gold price crosses Tk 286,000 per bhori in Bangladesh, hits fresh record
Gold prices in Bangladesh soared to a new all-time high on Thursday as the rate of 22-carat gold crossed Tk 286,000 per bhori following a sharp hike by the Bangladesh Jewellers Association (BAJUS).
In a notice issued in the morning, BAJUS said the price of 22-carat gold has been raised by Tk 16,213 per bhori to Tk 286,001, with immediate effect.
The latest adjustment has pushed gold prices to a record high within just 24 hours and marks the largest single-day increase announced by BAJUS in recent years.
The jewellers’ body cited a rise in the local price of pure gold (tejaabi gold) as the main reason behind the latest hike, saying the new rates were fixed after reviewing the overall market situation.
Under the revised rates, 21-carat gold will sell at Tk 272,996 per bhori, while 18-carat gold has been set at Tk 233,980 per bhori. Gold made under the traditional method will cost Tk 193,039 per bhori.
In addition to the declared prices, buyers will have to pay a mandatory 5 percent VAT fixed by the government and a minimum 6 percent wage set by BAJUS. The wage may vary depending on the design and quality of the jewellery.
Earlier on January 28, BAJUS had increased the price of 22-carat gold by Tk 7,348 per bhori, fixing it at Tk 269,788—then the highest gold price in the country’s history.
With the latest revision, gold prices have been adjusted 16 times in the domestic market so far this year, including 13 increases and three cuts.
Gold shock for buyers in Bangladesh; prices jump by Tk1,050 per bhori
Silver prices have also been raised alongside gold. The price of 22-carat silver has been increased by Tk 816 per bhori to Tk 8,573, marking the highest silver price ever recorded in Bangladesh.
Under the new rates, 21-carat silver will sell at Tk 8,165 per bhori, 18-carat silver at Tk 6,998, and traditional silver at Tk 5,249 per bhori.
So far in 2026, silver prices have been adjusted 12 times, with nine increases and three reductions.
Meanwhile, gold prices in the global market continue to surge. In the spot market, gold prices have crossed $5,500 per ounce—an unprecedented level. Analysts say spot gold prices have jumped by around 25 percent in January alone.
Market analysts attribute the rally to a weaker US dollar, interest rate policies of the Federal Reserve, growing geopolitical tensions, and increased reliance on gold by central banks worldwide.
6 days ago
Gold hits record high in Bangladesh as prices jump Tk 7,348 per bhori
Gold prices in Bangladesh surged to an all-time high on Wednesday, with the Bangladesh Jewellers Association (BAJUS) raising the price by Tk 7,348 per bhori, citing an increase in the local market price of pure gold.
According to a BAJUS notification issued in the morning, the price of 22-carat gold has been fixed at Tk 269,788 per bhori (11.664 grams), the highest ever in the country’s history.
The new rate came into effect immediately.
BAJUS said the latest adjustment was made after reviewing the overall market situation, particularly the rise in the price of tejabi gold (pure gold) in the local market.
Under the revised rates, the price of 21-carat gold has been set at Tk 257,483 per bhori, 18-carat gold at Tk 220,741 per bhori, and traditional method gold at Tk 181,725 per bhori.
Gold price skyrockets to Tk262,440 per bhori overnight in Bangladesh
In addition to the selling price, buyers will have to pay a mandatory 5 percent government VAT and a minimum 6 percent making charge set by BAJUS. However, the making charge may vary depending on the design and quality of the jewellery.
BAJUS last revised gold prices on January 26, when it increased the price by Tk 5,249 per bhori, setting the price of 22-carat gold at Tk 262,440 — which had remained the previous record high.
With the latest revision, gold prices have been adjusted 15 times so far this year, including 12 increases and three reductions.
Meanwhile, gold prices continue to soar in the global market. Spot gold prices have crossed $5,200 per ounce, marking a series of new records.
Gold price jumps Tk 6,299 per bhori in Bangladesh after brief cut
According to spot market reports, gold prices have risen by around 20 percent in the first month of the year alone, driven mainly by a weakening US dollar, as investors increasingly turn to gold as a safe-haven asset amid global uncertainties.
7 days ago
Gold price skyrockets to Tk262,440 per bhori overnight in Bangladesh
Gold prices in Bangladesh have climbed again within 24 hours, with the Bangladesh Jewellers Association (BAJUS) announcing a fresh hike on Monday that has pushed prices to a new all-time high.
In a notification issued late night, BAJUS said the price of 22-carat gold has been increased by Tk5,249 per bhori, fixing the new rate at Tk262,440, the highest ever in the country’s history.
The jewellers’ body said the decision was taken following an increase in the price of pure gold (tejabi gold) in the local market.
The revised prices will come into effect from Tuesday.
Under the new rates, 21-carat gold will sell at Tk250,484 per bhori, 18-carat gold at Tk214,734 per bhori, while gold made under the traditional method has been priced at Tk176,593 per bhori.
Buyers will have to pay an additional 5 percent VAT set by the government and a minimum 6 percent making charge fixed by BAJUS on the selling price.
Gold price jumps Tk 6,299 per bhori in Bangladesh after brief cut
However, making charges may vary depending on the design and quality of jewellery.
Earlier, on January 25, BAJUS last adjusted gold prices, raising the price of 22-carat gold by Tk1,574 to Tk257,191 per bhori, which was then the highest on record.
With the latest adjustment, gold prices have been revised 14 times so far in 2026 — increased on 11 occasions and reduced three times.
Alongside gold, BAJUS has also raised silver prices. The price of 22-carat silver has been increased by Tk525 per bhori to Tk7,757, marking the highest silver price in the country’s history.
According to the new rates, 21-carat silver will sell at Tk7,407 per bhori, 18-carat silver at Tk6,357 per bhori, while traditional silver has been priced at Tk4,782 per bhori.
So far this year, silver prices have been adjusted 11 times in the domestic market, with eight increases and three reductions.
9 days ago
Gold price tops Tk 250,000 per bhori, sets new all-time high in Bangladesh
Gold prices in Bangladesh have surged past the Tk 250,000 mark per bhori on Wednesday, hitting an all-time high in the domestic market.
The Bangladesh Jewellers Association (BAJUS) raised the price of 22-carat gold by Tk 8,339 per bhori (11.664 grams), setting the new rate at Tk 252,467, the highest ever recorded in the country.
In a notification issued at night, BAJUS said the price adjustment was made in view of a rise in the local market price of pure gold (tejabi gold).
The new prices will come into effect from Thursday.
According to the revised rates, the price of 21-carat gold has been fixed at Tk 240,978 per bhori, 18-carat gold at Tk 206,569 per bhori, while gold under the traditional method will sell at Tk 169,653 per bhori.
Gold price hits fresh record in Bangladesh
In addition to the selling price, buyers will have to pay a mandatory 5 percent VAT set by the government and a minimum 6 percent making charge fixed by BAJUS.
However, making charges may vary depending on the design and quality of jewellery.
BAJUS last revised gold prices on January 20, when it increased the rate of 22-carat gold by Tk 5,249 per bhori to Tk 244,128 — then the highest price in Bangladesh’s history.
With the latest adjustment, gold prices have been revised 10 times in the domestic market so far in 2026. Of these, prices were increased on eight occasions and reduced twice.
Silver Prices Also Rise
Alongside gold, silver prices have also been increased. BAJUS raised the price of 22-carat silver by Tk 292 per bhori to Tk 6,882, marking the highest silver price ever in the country.
Gold price hits record Tk 234,680 per bhori in Bangladesh
Under the new rates, 21-carat silver will sell at Tk 6,532 per bhori, 18-carat silver at Tk 5,599 per bhori, while silver under the traditional method has been fixed at Tk 4,199 per bhori.
So far this year, silver prices have been adjusted seven times in the local market, with prices increased five times and reduced twice.
14 days ago
Gold price hits record Tk 234,680 per bhori in Bangladesh
Gold prices in Bangladesh have climbed to an all-time high, with the Bangladesh Jewellers Association (BAJUS) fixing the price of 22-carat gold (11.664 grams) at Tk 234,680 per bhori after raising it by Tk 2,625.
In a statement issued on Wednesday night (January 14, 2026), BAJUS said the new prices will come into effect from Thursday (January 15, 2026).
Under the revised rates, 21-carat gold will sell at Tk 224,007 per bhori, 18-carat gold at Tk 191,989 per bhori, while gold under the traditional method has been priced at Tk 157,231 per bhori.
BAJUS said the price adjustment was made considering the rise in the local market price of pure gold (tejaabi shona) and the overall market situation.
Read more: What Does Gold Carat Mean? Decoding Gold Purity Levels
In addition to the announced selling price, buyers will have to pay a mandatory 5 percent value-added tax (VAT) set by the government and a minimum 6 percent making charge fixed by BAJUS. The making charge, however, may vary depending on the design and quality of jewellery.
The last price revision was made on January 12, when BAJUS raised the price of 22-carat gold by Tk 4,199 per bhori to Tk 232,055.
With the latest adjustment, gold prices have been revised seven times so far in 2026 increased five times and reduced twice.
In 2025, BAJUS revised gold prices a total of 93 times, increasing prices on 64 occasions and cutting them 29 times.
Despite the rise in gold prices, silver prices have remained unchanged in the domestic market.
The price of 22-carat silver is Tk 5,949 per bhori.
Read more: Gold hits record high in Bangladesh as prices jump by Tk4,199 per bhori
Meanwhile, 21-carat silver is selling at Tk 5,715 per bhori, 18-carat at Tk 4,899 per bhori and silver under the traditional method at Tk 3,674 per bhori.
So far this year, silver prices have been revised four times — increased twice and reduced twice. In 2025, silver prices were adjusted 13 times, with increases on 10 occasions and decreases on three.
21 days ago
Gold shock for buyers in Bangladesh; prices jump by Tk1,050 per bhori
Gold prices surged sharply in Bangladesh as jewellers announced a fresh hike, pushing the cost of the precious metal to a new high amid continued volatility in the local market.
In a statement issued on Saturday night, Bangladesh Jewellers Association (BAJUS) said the price of 22-carat gold has been increased to Tk227,856 per bhori (11.664 grams), up from the previous rate.
The association cited a rise in the price of tejabi (pure) gold in the local market as the reason behind the latest adjustment, saying the new rates were fixed after reviewing the overall market situation.
Read more: What Does Gold Carat Mean? Decoding Gold Purity Levels
According to the revised price list, 21-carat gold will be sold at Tk217,534 per bhori, while the price of 18-carat gold has been set at Tk186,449 per bhori. Gold made under the traditional method will cost Tk155,423 per bhori.
Gold prices in Bangladesh jump nearly Tk 3,000 per bhori in 24 hours
In addition to the selling price, buyers will have to pay a government-mandated 5 percent VAT and a minimum 6 percent making charge fixed by BAJUS. However, the making charge may vary depending on the design and quality of the jewellery.
BAJUS last adjusted gold prices on January 8, when it reduced the price of 22-carat gold by Tk1,050 per bhori to Tk226,806.
With the latest revision, gold prices have been adjusted five times so far this year—three hikes and two cuts. In 2025, BAJUS revised gold prices a total of 93 times, increasing rates on 64 occasions and cutting them 29 times.
Read more: Gold Investment in Bangladesh in 2026: Safe Haven or Risky Bet?
25 days ago
Gold prices hit fresh record in Bangladesh within 24 hours
Gold prices in Bangladesh have surged again within 24 hours, setting a new all-time high as the Bangladesh Jewellers Association (BAJUS) on Monday (December 22, 2025) raised the price of 22-carat gold by Tk 3,966 per bhori.
With the latest adjustment, the price of 22-carat gold has been fixed at Tk 222,083 per bhori (11.664 grams), the highest ever in the country’s history.
In a notification issued on Monday night, BAJUS said the price of pure gold (tejbai) has increased in the local market.
Considering the overall situation, the association decided to revise gold prices, which will come into effect from Tuesday morning (December 23, 2025).
Read more: What Does Gold Carat Mean? Decoding Gold Purity Levels
According to the new rates, 21-carat gold will cost Tk 211,993 per bhori, 18-carat gold Tk 181,725 per bhori, while gold under the traditional method has been priced at Tk 151,399 per bhori.
In addition to the selling price, buyers will have to pay a mandatory 5 percent VAT set by the government and a minimum 6 percent making charge fixed by BAJUS.
However, the making charge may vary depending on the design and quality of the jewellery, the association said.
BAJUS last revised gold prices on Sunday, when it raised the price of 22-carat gold by Tk 1,050 per bhori to Tk 218,117 — then the highest price ever recorded in the country.
So far this year, gold prices have been adjusted 88 times in the domestic market, with prices increased on 61 occasions and reduced 27 times.
Read more: Gold prices hit record high in Bangladesh
Silver prices have also been increased this time. The price of 22-carat silver has been raised by Tk 385 to Tk 4,957 per bhori.
Under the new rates, 21-carat silver will cost Tk 4,724 per bhori, 18-carat silver Tk 4,082 per bhori, and silver under the traditional method Tk 3,033 per bhori.
1 month ago
Gold price drops by Tk 5,447 per bhori at week’s start
After four consecutive hikes, the Bangladesh Jewellers Association (BAJUS) has reduced gold prices by Tk 5,447 per bhori, bringing the new rate for 22-carat gold to Tk 208,272 per bhori.
The revised prices will take effect from Sunday, the association said in a statement on Saturday night (November 15).
BAJUS said the price cut follows a decline in the local market rate of pure (tejabi) gold, prompting a fresh adjustment based on overall market conditions.
What Does Gold Carat Mean? Decoding Gold Purity Levels
As per the new pricing, one bhori (11.664 grams) of 22-carat gold will cost Tk 208,272.
Meanwhile, 21-carat gold will be sold at Tk 198,801 per bhori, 18-carat at Tk 170,399, and traditional method gold at Tk 141,718 per bhori.
The association noted that a mandatory 5% government-set VAT and a minimum 6% making charge set by BAJUS must be added to the selling price, though making charges may vary depending on design and craftsmanship.
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With this latest adjustment, gold prices have been revised 77 times this year—53 increases and 24 decreases.
Despite the drop in gold prices, silver rates remain unchanged, with 22-carat silver selling at Tk 4,246 per bhori.
2 months ago