United News of Bangladesh

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. DB cracks Fortune Mall gold heist, recovers 190 bhori gold; 4 arrested 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.

Gold has become an unprecedentedly valuable asset in Bangladesh as its price is skyrocketing by a staggering 40 per cent over the first nine months of the year, affecting everything from the country’s investment portfolios to the local jewellery market. Mostly used as jewelry, the high price has dipped the demand for the precious metal. Gold jewelers now spend most of their time in the day doing nothing. Their sales have halved compared with last year.  At the end of last year, the price of 22-carat gold was Tk 138,288 per bhori. Nine months later, the cost rose to Tk 195,384, setting a new historic record for the price. The previous record was made on September 23, when the price of 22-carat gold reached Tk 194,859. The latest gold price hike of Tk 2,415 per bhori became effective on Tuesday. The gold price increased by TK 21,000 per bhori in September alone. The Bangladesh Jewelers’ Association (BAJUS) regulates gold prices in the country. Gold starts selling at record high after fresh BAJUS hike "Gold prices have been rising uncontrollably for decades. In 2000, the price of one bhori of gold was below Tk 10,000," said Gobinda Halder, a gold trader in Tantibazar. “Relentless price hikes halved customers,” said Gobinda. Buyers now mostly come to jewelers to sell gold or take a loan against the precious metal. The BAJUS describes the event of gold price change as a price adjustment, which actually saw the price rise 41 times until September this year. The gold price, on the other hand, dropped 17 times, with the latest fall in the price coming on September 27. Last year, the gold price was adjusted 62 times, including 35 hikes.  Historical data from BAJUS shows that in 2000, the price of 22-carat gold per bhori was Tk 6,900. By 2010, it had risen to Tk 42,165, and by 2020, it reached Tk 59,195. The gold price increased 229 per cent over the last five years. In the past decade, the price has risen by 361 percent. The gold price has gone up by a whopping 2719 per cent over the last 25 years. “Gold price increases depending on the bullion market,” said Masudur Rahman, chairman of BAJUS’s Price Fixing and Monitoring Standing Committee. The Russia-Ukraine war, dollar depreciation and increased reserves in China’s central bank have influenced the price hike, he said. Gold price hits new record at Tk 191,196 per bhori According to the World Gold Council, the spot price of gold currently stands at $3,742 per ounce, which is 2.43 bhori. The current per bhori price of gold in the international market is $1,540 or Tk 187,880. The price is aligned with the domestic price, given associated costs. In January 2025, the price of gold was $2,796 per ounce, which has increased by nearly $1,000 in nine months. The council forecasts that prices could exceed $4,000 per ounce this year. “Gold sales have already dropped 55 percent in nine months and are likely to decline further if prices continue rising,” said Masud. Gold sales also dropped in India by 40 percent and nearly 20 per cent in Dubai, he said. Gifts of gold ornaments are indispensable on many social occasions, mainly at weddings. There were days when close relatives welcomed new members of their families with a gift of a gold ornament, regardless of the newborn's gender identity. The failure to provide a gold ornament became the reason for disputes in many weddings. Sometimes, weddings were called off. Swinging gold price: BAJUS hikes rates just days after a cut But the situation changed, particularly at a time when inflation is eating away at savings. A simple ring or earring now costs Tk 100,000, about a third of the average annual income per capita. “I wedded my daughter with her mother’s jewelry,” said Anwar Hossain, a private-sector employee. An average middle-class wedding has a budget of Tk 500,000. "The gold market fluctuates like the stock market," said Adiba Afroz, who had gone to the Bashundhara Shopping Mall to buy gold. The leaders of BAJUS defended the price volatility, saying that they follow the international market. Despite rising prices, the World Gold Council said, global gold reserves remain unchanged, indicating the overall value of the metal as an investment. Globally, the council said in 2024, 40 per cent of the gold reserves are considered investment, 33 percent of the gold stock was used as jewelry, while central banks stocked 20 per cent of the gold. About 7 percent of the global gold reserve is used in chip manufacturing. Global annual gold demand rose to 4,974 tonnes in 2024, valued at $600 billion. Bangladesh lacks official data on gold demand, reserves, or its per capita use. About 4.4 million people in Bangladesh are directly or indirectly involved in the gold trade.    

Gold began selling at a record high in the country’s market on Wednesday, following a sharp increase announced by the Bangladesh Jewellers Association (BAJUS) the night before. With the latest adjustment, the price of 22-carat gold has reached Tk 1,94,859 per bhori (11.664 grams), the highest ever in Bangladesh’s history. BAJUS raised the rate by Tk 3,663 within just a day, according to its press release. As per the revised chart, 21-carat gold is now being sold at Tk 1,86,006 per bhori, 18-carat at Tk 1,59,424, and traditional gold at Tk 1,32,351. Gold price hits new record at Tk 191,196 per bhori The rates include 5 percent VAT fixed by the government and a minimum 6 percent making charge set by BAJUS, though jewellers may impose higher charges depending on the design and quality of jewellery. The surge comes immediately after another hike on Tuesday, when BAJUS raised the price of 22-carat gold by Tk 1,574, setting it at Tk 1,91,196 per bhori. With this back-to-back adjustment, the local gold market has now entered uncharted territory, as prices touch unprecedented levels.

After raising gold prices eight times in a row, Bangladesh Jewellers’ Association (BAJUS) has finally reduced the price of the precious metal in the domestic market. The association announced on Wednesday night that the price of 22-carat gold has been slashed by Tk 1,470 per bhori (11.664 grams), bringing it down to Tk 1,88,152. The revised rates will come into effect from Thursday. According to BAJUS, the price of pure gold (tejabi) has dropped in the local market, prompting the fresh adjustment. Read more: Gold price hits record high in Bangladesh again As per the new tariff, the price of 22-carat gold will stand at Tk 1,88,152 per bhori, 21-carat at Tk 1,79,602, 18-carat at Tk 1,53,941, while traditional gold will cost Tk 1,27,674 per bhori. The association also mentioned that the selling price of gold will include 5 percent government-fixed VAT and a minimum 6 percent making charge set by BAJUS. But, the making charges may vary depending on jewellery design and quality. Earlier, on September 16, BAJUS last revised the gold price upward by Tk 3,675 per bhori, setting the rate of 22-carat gold at Tk 1,89,622 highest in the country’s history till then. Read more: Gold Investment in Bangladesh in 2025: Safe Haven or Risky Bet?

The Bangladesh Jewellers Association (BAJUS) has once again raised gold prices, setting a new record in the country’s history. The price of 22-carat gold has been increased by Tk 2,718 per bhori, taking it to Tk 181,550, according to a BAJUS press release issued on Sunday night. The new rate will come into effect from Monday (Sept 8). BAJUS attributed the latest hike to an increase in the price of pure gold in the local market. As per the revised rates, 21-carat gold will now cost Tk 173,304 per bhori, 18-carat gold Tk 148,541 and traditional gold Tk 123,067 per bhori (11.664 grams). Read more: Gold Investment in Bangladesh in 2025: Safe Haven or Risky Bet? Buyers will also have to pay an additional 5% VAT set by the government, along with a minimum 6% making charge fixed by BAJUS. The making charge may vary depending on design and quality, it added. Earlier, on September 3, BAJUS raised the price of 22-carat gold by Tk 3,044 per bhori to Tk 178,832 — which was then the highest in the country’s history.

After two consecutive reductions, the price of gold in the domestic market has increased again. The Bangladesh Jewellers Association (BAJUS) on Tuesday announced a hike of Tk 1,890 per bhori (11.664 grams) for 22-carat gold, setting the new price at Tk 172,126. In a statement issued on Tuesday night, BAJUS said the revised rates would come into effect from Wednesday (July 2). The association attributed the price adjustment to a rise in the cost of refined (pure) gold in the local market. Considering the overall market situation, BAJUS decided to revise the rates accordingly. As per the new rates, the price of 21-carat gold has been fixed at Tk 164,299 per bhori, while 18-carat gold will now cost Tk 140,831 per bhori. Gold made following the traditional method (Sanatani) will be sold at Tk 116,488 per bhori. Gold prices drop by Tk 4,292 within a week The sale price of gold must include a government-fixed 5 percent VAT and a minimum 6 percent making charge as determined by BAJUS. But, making charges may vary depending on the design and quality of the jewellery. Earlier, on June 28, BAJUS last adjusted gold prices, lowering them by Tk 2,624 per bhori. At that time, the price of 22-carat gold was set at Tk 170,236 per bhori.

After four consecutive hikes, the price of 22-carat gold has decreased by Tk 1,668 per bhori, as announced by the Bangladesh Jewellers Association (BAJUS). The new rates, set by BAJUS, will come into effect across the country from Wednesday. In a press release issued on Tuesday night, BAJUS said the price of 22-carat gold per bhori (11.664 grams) has been revised to Tk 1,72,860. The association said the price adjustment comes in response to a drop in the local market rate of pure (tejaabi) gold, along with an overall assessment of the market situation. As per the new pricing, the rate for 21-carat gold is now Tk 1,64,999 per bhori, while 18-carat gold stands at Tk 1,41,426 per bhori. Gold made following traditional methods has been priced at Tk 1,17,002 per bhori. Gold prices go up again in Bangladesh within 10 days In addition to the base price, a mandatory 5 percent government VAT and a minimum 6 percent making charge set by BAJUS must be added.  But, the making charge may vary depending on the design and quality of the jewellery. The last price revision took place on June 14, when BAJUS increased the price of 22-carat gold by Tk 2,192 per bhori, setting it at Tk 1,74,528. This marks the 39th price adjustment in the first six months of the year, with prices rising on 26 occasions and dropping 13 times.  

The price of gold has increased by Tk 2,415 per bhori (11.664 grams) for 22-carat gold, now standing at Tk 1,72,336, effective from today (Friday) – just a day before Eid. In a press release, the Bangladesh Jewellers’ Association (Bajus ) said the price of acid gold (pure gold) has risen in the local market. Considering the overall situation, a new price has been set accordingly. As per the latest rates, the price of 22-carat gold is now Tk 1,72,336 per bhori, while 21-carat gold will cost Tk 1,64,497. Gold price to go down by Tk 3452 per bhori from Friday The price for 18-carat gold stands at Tk 1,40,994 per bhori, and traditional method gold is priced at Tk 1,16,640 per bhori. This is the first price hike by Bajus in June. On May 21, the association last increased the gold price by Tk 2,823 per bhori, setting the price for 22-carat gold at Tk 1,69,921. So far this year, gold prices have been adjusted 37 times — with 25 hikes and 12 reductions. Gold price increases by Tk1562 per bhori from Wednesday

The Bangladesh Jewelers Association, better known as Bajus from its Bengali acronym, again increased the price of gold, this time by Tk 1562 per bhori from Wednesday. According to the new prices, that come into effect from Wednesday, the price of a bhori of good quality 22-carat gold will be Tk 169,185, which was sold at Tk 167, 623 per bhori on Tuesday. The Bajus notification stated that the price of pure gold (acid gold) has increased in the local market. As a result, the new price of gold has been determined considering the overall situation. According to the new prices, the price of 22-carat gold per bhori (11.664 grams) has been fixed at Tk 169, 186, 21-carat gold per bhori at Tk1,61,499 18-carat gold per bhori at Tk1,38, 428 and the price of traditional gold per bhori at Tk1,14,435. Gold price reduced by Tk3137 per bhori, effective from Tuesday  The present (Tuesday) price of the best quality or 22-carat gold per bhori (11.664 grams) was fixed at Tk 1,67,623, 21-carat gold per bhori at Tk1,59,995, 18-carat gold per bhori at Tk1,37,145 and the price of traditional gold per bhori at Tk1,13,339. Although the price of gold has increased, the price of silver has remained unchanged.

The Bangladesh Jewellers Association (Bajus) increased the price of gold again, with the price of pure gold up by Tk2310 per bhori, effective from tomorrow (Tuesday). Earlier, Bajus had fixed the 22-carat gold price per bhori at Tk1,68,976 on Saturday, effective from Sunday. Masudur Rahman, Chairman of Bajus's Price Determination and Price Monitoring Standing Committee, on Monday (May 5), in a notification, informed this. Accordingly, on Monday, the price of 22-carat gold rose by Tk 2,310 per bhori, setting the new rate at Tk 171,286 per bhori. In a press release, Bajus stated that the price adjustment was made due to an increase in the value of pure gold hallmarked gold in the local market. Considering the overall situation, the association has determined the new gold prices. Bajus reduces gold price by Tk3570 per bhori, in line with international market According to the new rates, the price of gold per bhori (11.664 grams) in the Bangladesh market will be: ·       22 Carat: Tk 171,286 per bhori·       21 Carat: Tk 163,494 per bhori·       18 Carat: Tk 140,143 per bhori·       Traditional Method: Tk 115,905 per bhori Bajus also informed that the government-mandated 5 percent VAT and the minimum making charge of 6 percent must be added to the price of gold. The making charges may vary depending on the design and quality of the jewelry. Previously, BAJUS had last adjusted the gold prices on May 3, reducing the price of 22-carat gold by Tk 3,570 to Tk 168,976 per bhori. The prices for 21-carat gold were set at Tk 161,301 per bhori, 18-carat gold at Tk 138,253 per bhori, and gold of the traditional method at Tk 114,296 per bhori, effective from May 4. Gold price slashed after three consecutive hikes since Saturday: Bajus This marks the 28th adjustment of gold prices in the country this year, with prices increasing 20 times and decreasing only 8 times. In 2024, gold prices were adjusted a total of 62 times, with 35 increases and 27 decreases.  Despite the increase in gold prices, the price of silver remains unchanged in the domestic market. The selling price of 22-carat silver is Tk 2,811 per bhori. The prices for 21-carat silver are Tk 2,683 per bhori, 18-carat silver at Tk 2,298 per bhori, and silver of the traditional method at Tk 1,726 per bhori.