Gold sees sharpest one-day fall, down Tk15,746 per bhori

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 today (31 January).

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 30 January, 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 29 January, 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.