[🇧🇩] Jewelry Industry in Bangladesh

[Saif]

Bajus increases gold price by Tk 2,310 per bhori

The Bangladesh Jewellers Association (Bajus) increased the price of gold again, with the price of pure gold up by Tk 2,310 per bhori, effective from Tuesday. Earlier, Bajus had fixed the 22-carat gold price per bhori at Tk 1,68,976 on Saturday, effective from Sunday. Masudur Rahman, Chairman of B

thefinancialexpress.com.bd

Bajus increases gold price by Tk 2,310 per bhori
UNB
Published :
May 05, 2025 21:21
Updated :
May 05, 2025 21:21

The Bangladesh Jewellers Association (Bajus) increased the price of gold again, with the price of pure gold up by Tk 2,310 per bhori, effective from Tuesday.

Earlier, Bajus had fixed the 22-carat gold price per bhori at Tk 1,68,976 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.

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.

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.​

 

[Saif]

Gold price reduced by Tk3137 per bhori, effective from Tuesday

Bangladesh Jewelers Association (Bajus) has reduced the price of gold by Tk 3137 per bhori from Tuesday. According to the new price, the price of a bhori of the good quality 22-carat gold will be Tk 167,623, which was sold at Tk1,70,761 per bhori on Monday. The Bajus notification stated that the

thefinancialexpress.com.bd

Gold price reduced by Tk3137 per bhori, effective from Tuesday
UNB
Published :
May 12, 2025 22:50
Updated :
May 12, 2025 22:50

Bangladesh Jewelers Association (Bajus) has reduced the price of gold by Tk 3137 per bhori from Tuesday.

According to the new price, the price of a bhori of the good quality 22-carat gold will be Tk 167,623, which was sold at Tk1,70,761 per bhori on Monday.

The Bajus notification stated that the price of pure gold (acid gold) has decreased 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 the best quality or 22-carat gold per bhori (11.664 grams) has been 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.

The previous price was for the best quality or 22-carat gold per bhori at Tk 170,761, 21-carat gold per bhori at Tk1,63004, 18-carat gold per bhori at Tk1 39711 and the price of traditional gold per bhori at Tk115532.

Although the price of gold has increased, the price of silver has remained unchanged.​

 

[Saif]

Gold price to go down by Tk 3452 per bhori from Friday

Bangladesh Jewelers Association (Bajus) has decreased the price of gold by Tk 3452 per bhori effective from Friday. The Bajus has fixed the price of a bhori of 22-carat gold at Tk165,734 per bhori, which was sold at Tk 169,186 per bhori on Thursday. The Bajus notification stated that the price of

thefinancialexpress.com.bd

Gold price to go down by Tk 3452 per bhori from Friday
UNB
Published :
May 15, 2025 22:51
Updated :
May 15, 2025 22:51

Bangladesh Jewelers Association (Bajus) has decreased the price of gold by Tk 3452 per bhori effective from Friday.

The Bajus has fixed the price of a bhori of 22-carat gold at Tk165,734 per bhori, which was sold at Tk 169,186 per bhori on Thursday.

The Bajus notification stated that the price of pure gold (acid gold) has decreased 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 1,65,734, 21-carat gold per bhori at Tk 1,58,199, 18-carat gold per bhori at Tk1,35, 606 and the price of traditional gold per bhori at Tk 1,12,033.

On Thursda,y the price of gold was 22-carat per bhori (11.664 grams) at Tk 169,186, 21-carat per bhori at Tk1,61,499, 18-carat per bhori at Tk1,38, 428 and the price of traditional gold per bhori at Tk 1,14,435.

Although the price of gold has increased, the price of silver has remained unchanged.​

 

[Saif]

Gold price increases, Tk 167,098 per bhori

The price of gold in Bangladesh has been increased. The rate for 22-carat gold—the highest quality—has gone up by Tk 1,364 per bhori (11.664 grams), setting the new price at Tk 167,098 per bhori. This hike follows a rise in the price of raw (tejabi) gold in the local market. The new pr

thefinancialexpress.com.bd

Gold price increases, Tk 167,098 per bhori

FE ONLINE DESK
Published :
May 17, 2025 23:29
Updated :
May 17, 2025 23:29

The price of gold in Bangladesh has been increased. The rate for 22-carat gold—the highest quality—has gone up by Tk 1,364 per bhori (11.664 grams), setting the new price at Tk 167,098 per bhori.

This hike follows a rise in the price of raw (tejabi) gold in the local market. The new prices will take effect from Sunday, May 18, according to the Bangladesh Jewellers Association (BAJUS).

The pricing decision was made on Saturday, May 17, during a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring, and announced in a statement signed by Committee Chairman Masudur Rahman, says local media.

Notably, gold prices have fluctuated nine times within the first 18 days of May—either increasing or decreasing.

New gold prices per bhori (effective May 18):

22-carat: Tk 167,098 (up Tk 1,364)

21-carat: Tk 159,505 (up Tk 1,306)

18-carat: Tk 136,714 (up Tk 1,108)

Traditional method: Tk 112,978 (up Tk 946)

Previously, on May 16, the price of 22-carat gold had been decreased by Tk 3,450 to Tk 165,734.

Silver prices remain unchanged:

22-carat: Tk 2,811

21-carat: Tk 2,683

18-carat: Tk 2,298

Traditional method: Tk 1,726​

 

[Saif]

Gold price increases by Tk 2,823 per bhori

The price of gold in Bangladesh has surged once again. The price of the best quality gold, 22-carat, has risen by Tk 2,823 per bhori (11.664 grams), bringing the new price to Tk 169,921. The Bangladesh Jewellers Association (BAJUS) has attributed the latest hike to a rise in the price of refined

thefinancialexpress.com.bd

Gold price increases by Tk 2,823 per bhori
FE Online Desk
Published :
May 21, 2025 22:41
Updated :
May 21, 2025 22:41

The price of gold in Bangladesh has surged once again.

The price of the best quality gold, 22-carat, has risen by Tk 2,823 per bhori (11.664 grams), bringing the new price to Tk 169,921.

The Bangladesh Jewellers Association (BAJUS) has attributed the latest hike to a rise in the price of refined gold in the local market.

The new price will come into effect on Thursday, BAJUS said.​

 

[Saif]

Gold price increases by Tk 172,336 per bhori

The price of gold has gone up just a day before Eid. The best quality (22-carat) gold now costs Tk 172,336 per bhori, up to Tk 2,415 per bhori (11.664 grams).The cause for this price increase is the rise in refined (Tejabi) gold prices on the local market. The new price will take effect on June 6,

thefinancialexpress.com.bd

Gold price increases by Tk 172,336 per bhori

FE Online Desk
Published :
Jun 05, 2025 23:21
Updated :
Jun 05, 2025 23:51

The price of gold has gone up just a day before Eid. The best quality (22-carat) gold now costs Tk 172,336 per bhori, up to Tk 2,415 per bhori (11.664 grams).

The cause for this price increase is the rise in refined (Tejabi) gold prices on the local market. The new price will take effect on June 6, according to the Bangladesh Jewellers' Association (BAJUS).
FE

The BAJUS Standing Committee on Pricing and Price Monitoring resolved to increase the price of gold at a meeting on June 5. The chairman of the committee, Masudur Rahman, later signed a press statement announcing the information.

Gold prices had already been raised in two stages on May 18 and May 22. This recent price change has been attributed by BAJUS once more to the local market's growing price of refined gold.​

 

[Saif]

Restrictions on jewellery imports raise fears of further gold price hikes

This means a 22-carat gold bar is Tk 28,659 cheaper in Dubai than in Bangladesh, and Tk 16,904 cheaper in India.

en.prothomalo.com

Restrictions on jewellery imports raise fears of further gold price hikes

Shuvonkar Karmokar Dhaka
Published: 10 Jun 2025, 13: 23

Gold prices are rising steadily due to ongoing global instability, putting increasing pressure on middle- and lower-income buyers, especially those looking to purchase jewellery for family events such as weddings.

The jewellery business itself is also facing deeper challenges. Despite the era of free trade, consumers in Bangladesh are forced to buy gold jewellery at significantly higher prices than in many international markets.

As of now, the price of 22-carat gold in the domestic market stands at Tk 172,336 per bhori. At the end of 2024, the price was Tk 140,586 , marking a Tk 31,750 increase in just six months.

So, how much higher are gold prices in Bangladesh compared to Dubai and India? According to the Dubai Jewellery Group’s website, the price of a 22-carat gold bar was 4,318 dirhams on Monday, equivalent to Tk 143,677 in Bangladeshi currency.

Meanwhile, the website of the Bullion and Jewellers Association of India reported that the price per bar in Indian jewellery shops was INR 108,965 yesterday, equivalent to Tk 155,432.

This means a 22-carat gold bar is Tk 28,659 cheaper in Dubai than in Bangladesh, and Tk 16,904 cheaper in India.

When asked about the significant price gap between Bangladesh and international markets, leaders of the Jewellers Association offered only brief explanations. They pointed out that while many other countries have a ‘commodity exchange’ system for trading gold, no such mechanism exists in Bangladesh.

Moreover, commercial import of gold is virtually non-existent. A large portion of the country’s demand is met through gold brought in under baggage rules — with customs duties paid. Some of the demand is also met through recycled old jewellery.

However, there are widespread allegations that a substantial amount of gold is entering the country illegally.

The Ministry of Commerce introduced a gold policy in 2018 to bring transparency to the country’s gold business. The following year, Bangladesh Bank issued import licences to 18 institutions—including one bank—for commercial gold import. Later, one more institution received a licence.

Initially, a few consignments were imported by some of these institutions. However, over time, imports came to a halt. Traders reportedly lost interest in importing gold due to several factors: the ongoing dollar crisis, delays in obtaining government permission, and high VAT rates.

Against this backdrop, the government halved the allowance for bringing gold under baggage rules in the 2023–24 fiscal year, from 234 grams to 117 grams. The import duty was also doubled, rising from Tk 2,000 to Tk 4,000 per bhori.

In the proposed budget for the upcoming fiscal year, these restrictions have been tightened further. Previously, a returning passenger could bring in one gold bar weighing 117 grams per trip under baggage rules. That provision has now been revoked. Passengers will now be allowed to bring in a gold bar only once a year upon payment of duty.

In addition, the duty on gold bars has been raised from Tk 4,000 to Tk 5,000 per bhori (11.664 grams). That means bringing in a single gold bar will now cost Tk 50,000 in duty.

Restrictions have also been imposed on gold jewellery. Previously, a passenger could bring up to 100 grams of gold jewellery duty-free each time they returned from abroad. Under the new rules, only 100 grams can be brought in duty-free per year, regardless of the number of trips. This provision has already come into effect.

A senior leader of the Jewellers’ Association, speaking on condition of anonymity, said that since there is no legal commercial import of gold and no gold refining factory in Bangladesh, tightening baggage rules was unwise. “This will lead to a rise in illegal imports and cause further instability in gold prices,” the leader warned.

Ahead of the national budget for the next fiscal year, the Jewellers’ Association made several proposals. These included reducing VAT on gold and silver jewellery sales from 5 per cent to 2 per cent, exempting VAT when purchasing gold from licensed dealers, setting up a one-stop service centre at airports for gold importers, and offering a 10-year tax holiday for establishing gold refining factories.

In pre-budget discussions with the National Board of Revenue (NBR), the association also proposed tightening baggage rules, while simultaneously easing procedures for commercial import. Ultimately, the NBR adopted only the baggage restriction proposal.

Commenting on the issue, Anowar Hossain, an executive member of the Jewellers’ Association, told Prothom Alo, “Instead of simplifying gold imports, stricter baggage rules will worsen the crisis. Where will the gold come from? There is no import, and no refining facility. Under current conditions, illegal gold imports—i.e., smuggling—are likely to increase.”​

 

[Saif]

Gold prices go up again in Bangladesh within 10 days

The Bangladesh Jewellers Association (BAJUS) has increased gold prices by Tk 2,192 per bhori, less than 10 days after the last hike just ahead of Eid. According to a press release issued by BAJUS on Saturday night, the new prices will come into effect from Sunday, UNB reports. As per the re

thefinancialexpress.com.bd

Gold prices go up again in Bangladesh within 10 days

Published :
Jun 14, 2025 22:54
Updated :
Jun 14, 2025 22:54

The Bangladesh Jewellers Association (BAJUS) has increased gold prices by Tk 2,192 per bhori, less than 10 days after the last hike just ahead of Eid.

According to a press release issued by BAJUS on Saturday night, the new prices will come into effect from Sunday, UNB reports.

As per the revised rates, the price of 22-carat gold has been set at Tk 174,528 per bhori (11.664 grams).

BAJUS said the price of pure gold in the local market has gone up, prompting the latest price adjustment after reviewing the overall situation.

Following the new pricing structure, the cost of 21-carat gold now stands at Tk 166,597 per bhori, while 18-carat gold will be sold at Tk 142,802 per bhori. Gold made using traditional methods will cost Tk 118,168 per bhori.

Buyers will also have to pay a mandatory 5 percent government-fixed VAT and a minimum 6 percent BAJUS-set making charge along with the selling price.

BAJUS said the making charge may vary depending on the design and quality of jewellery.

On June 5, BAJUS last revised gold prices, increasing them by Tk 2,415 per bhori, setting the rate of 22-carat gold at Tk 172,336 per bhori.​