Gold price drops by Tk14,638 per bhori in Bangladesh a day after record high
In the spot market, gold was trading at around $5,600 per ounce yesterday (29 January), which fell to about $5,100 today(30 January).
A day after hitting a record high, the prices of gold in Bangladesh fell sharply today (30 January), with the Bangladesh Jewellers Association (Bajus) cutting the rate by Tk14,638 per bhori.
In a notification, Bajus said it has fixed the price of 22-carat gold at Tk271,363 per bhori (11.664 grams), effective immediately.
The jeweller's body explained that the latest reduction comes following a fall in the price of pure gold (tejabi sona) in the local market.
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According to the revised rates, the price of 21-carat gold has been set at Tk258,999 per bhori, 18-carat gold at Tk222,024 per bhori, while the price of traditional gold stands at Tk182,833 per bhori.
In addition to the selling price, buyers will have to pay a mandatory 5% VAT set by the government and a minimum 6% making charge fixed by Bajus. However, the making charge may vary depending on the design and quality of jewellery.
On January 29, Bajus had raised the price of gold by Tk16,213 per bhori, setting the rate at Tk 286,000, the highest ever in the country's gold market.
So far in 2026, gold prices have been adjusted 17 times, with increases on 13 occasions and decreases on four.
Alongside gold, Bajus has also reduced silver prices. The price of 22-carat silver has been cut by Tk816 to Tk7,757 per bhori, marking the first reduction after four consecutive hikes.
Under the new rates, 21-carat silver will sell at Tk7,407 per bhori, 18-carat at Tk6,357 per bhori, while traditional silver has been fixed at Tk4,782 per bhori.
Meanwhile, gold prices have also shown a downward trend in the global market.
In the spot market, gold was trading at around $5,600 per ounce yesterday (29 January), which fell to about $5,100 today(30 January), a decline of more than 4% within a day.
