[🇧🇩] Jewelry Industry in Bangladesh

[Saif]

Bangladesh gold market breaks record as prices hit Tk 257,191 per bhori

Gold prices in Bangladesh have surged once again, with the Bangladesh Jewellers Association (BAJUS) setting a new all-time high for the precious metal. According to a notification issued on Sunday night, BAJUS increased the price of 22-carat gold by Tk 1,574 per bhori, fixing it at Tk 257,191 &mda

thefinancialexpress.com.bd

Bangladesh gold market breaks record as prices hit Tk 257,191 per bhori

UNB
Published :
Jan 25, 2026 23:10
Updated :
Jan 25, 2026 23:10

Gold prices in Bangladesh have surged once again, with the Bangladesh Jewellers Association (BAJUS) setting a new all-time high for the precious metal.

According to a notification issued on Sunday night, BAJUS increased the price of 22-carat gold by Tk 1,574 per bhori, fixing it at Tk 257,191 — the highest ever in the country’s history.

The new rates will come into effect from Monday.

BAJUS said the decision was taken following a rise in the price of pure gold (tejabi gold) in the local market, considering the overall market situation.

Under the revised prices, 21-carat gold will be sold at Tk 245,527 per bhori, 18-carat gold at Tk 210,419 per bhori, while gold under the traditional method will cost Tk 172,919 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 jewellery.

BAJUS last adjusted gold prices on January 23, when the price of 22-carat gold was raised by Tk 6,299 to Tk 255,617 per bhori.

With the latest revision, gold prices have been adjusted 13 times in the current month alone — increased on 10 occasions and reduced three times.

Alongside gold, silver prices have also been increased. BAJUS raised the price of 22-carat silver by Tk 350 per bhori, fixing it at Tk 7,232, marking the highest silver price in the country’s history.

According to the new rates, 21-carat silver will cost Tk 6,940 per bhori, 18-carat silver Tk 5,949 per bhori, and silver under the traditional method Tk 4,432 per bhori.

So far this year, silver prices have been adjusted eight times, with increases on six occasions and decreases twice.​

 

[Saif]

Gold price skyrockets to Tk 262,440 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 Tk

thefinancialexpress.com.bd

Gold price skyrockets to Tk 262,440 per bhori overnight in Bangladesh

UNB
Published :
Jan 27, 2026 00:36
Updated :
Jan 27, 2026 00:36

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 Tk 5,249 per bhori, fixing the new rate at Tk 262,440, 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 Tk 250,484 per bhori, 18-carat gold at Tk 214,734 per bhori, while gold made under the traditional method has been priced at Tk 176,593 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.

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 Tk 1,574 to Tk 257,191 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 Tk 525 per bhori to Tk 7,757, marking the highest silver price in the country’s history.

According to the new rates, 21-carat silver will sell at Tk 7,407 per bhori, 18-carat silver at Tk 6,357 per bhori, while traditional silver has been priced at Tk 4,782 per bhori.

So far this year, silver prices have been adjusted 11 times in the domestic market, with eight increases and three reductions.​

 

[Saif]

The ups and downs of gold price

Why is the price of gold swinging so sharply in Bangladesh? The most common explanation is both simple and unsatisfying. Prices move because the global market moves. Since Bangladesh neither sets nor significantly influences international prices, its domestic market ends up following what happens a

thefinancialexpress.com.bd

The ups and downs of gold price

SYED MUHAMMED SHOWAIB
Published :
Feb 14, 2026 00:06
Updated :
Feb 14, 2026 00:06

Why is the price of gold swinging so sharply in Bangladesh? The most common explanation is both simple and unsatisfying. Prices move because the global market moves. Since Bangladesh neither sets nor significantly influences international prices, its domestic market ends up following what happens abroad. Yet, while technically correct, this explanation fails to capture the full complexity of the situation. A more useful approach is to dig one layer deeper and ask why gold prices are so volatile worldwide and why that volatility feels especially intense right now. That line of questioning opens the door to a much bigger discussion about changes in the global monetary order, with Bangladesh, like every other country, riding along as a passenger. In that context, gold is better understood not just as a commodity but as a kind of monetary barometer. Its price tends to jump and swing when confidence in the existing monetary setup begins to weaken.

For decades, the global economy has rested on a dollar-centric system. After the United States moved away from the gold standard in the early 1970s, the world entered a phase where the dollar became the backbone of global trade without being tied to any physical asset. Countries sold goods and energy in dollars and then channelled those dollars back into American assets such as treasury bonds and equity markets. This arrangement kept demand for the dollar strong and allowed the US to consume more than it produced. As long as the system held together, gold stayed mostly in the background, rising gradually but rarely unsettling financial markets.

That long-standing balance is now being tested by deliberate policy moves in several major economies. More countries are questioning the wisdom of holding unlimited dollar reserves, especially as the US struggles with towering debt and growing uncertainty over how far it is willing to manage the dollar's value. In effect, two competing Americas now shape the dollar debate. One is the financialised America that flourished under a strong dollar. A stronger currency meant cheaper imports, greater consumer purchasing power and steadily rising financial asset prices, all of which suited the old model well. The other is a more production-focused America that wants to rebuild its industrial base. For this camp, a weaker dollar is an advantage because it makes American labour and exports more competitive and eases the real weight of debt. The push and pull between these goals leaves markets unsure about which direction policy will take. Faced with that uncertainty, market guesses, and each guess sends ripples through all dollar-based assets including gold. In this environment, central banks and private investors have been moving more decisively towards gold. The Chinese central bank, for instance, has been steadily adding to its gold reserves as a buffer against any future move away from dollar dependence. When central banks step in as large buyers, price pattern obviously changes.

These global currents meet a very different set of realities at home in Bangladesh. Remittance inflows from expatriate workers have risen sharply, with monthly totals crossing US$3.0 billion at several points in late 2025 and early 2026. This surge has strengthened the supply of foreign exchange in the domestic market. Part of this trend may be linked to shifts in global currency conditions, including a softer US dollar aimed at boosting American competitiveness. For Bangladeshi workers abroad, this can translate into stronger purchasing power, as earnings in dollars stretch further against the currencies they are paid in. The steady stream of remittance dollars has therefore put upward pressure on the taka.

The Bangladesh Bank has responded to this remittance-driven dollar abundance by purchasing significant volumes from commercial banks. These purchases release taka into the system while stabilising the exchange rate, preventing excessive appreciation of taka that could hurt export competitiveness. Maintaining a high dollar rate can also serve domestic stability by easing inflation and supporting import affordability. The challenge arises if the dollar's global softness is being driven by deliberate currency choices in the United States and elsewhere, which increasingly appears to be the case. In that situation, propping up a stronger dollar at home may prove both costly and difficult to sustain. Doing so would demand repeated foreign exchange interventions and could gradually limit the central bank's room to respond to other economic pressures.

These interventions also carry effects on asset prices that often go unnoticed. Gold is priced globally in dollars, so when international gold prices rise while the domestic dollar is kept artificially strong, local gold prices can climb faster than global benchmarks. On the other hand, when global prices pull back, domestic prices may not fall at the same pace. The question for Bangladesh then becomes one of balance. Is it worthwhile to prop up the dollar for an extended period even when remittance inflows are strong, simply to smooth out short term swings? Or, would it make more sense to let the exchange rate move with broader international trends, given that prolonged currency control can carry hidden costs through inflation and reduced policy flexibility?

There is also a social side to consider. In Bangladesh, gold serves as a traditional store of household savings, especially for women, and stands as a symbol of financial security. Volatility therefore has real distributive effects. Rapid increases make gold harder to access for middle income families while sudden drops leave those who bought at high prices facing losses from an asset long considered safe. Calm is hard to come by in the gold market since it sits at the intersection of enormous global forces. As long as the international monetary system stays shaky and domestic exchange-rate policy keeps pushing against the tide, gold prices are bound to keep swinging. Even so, the ups and downs of gold price will remain an important indicator of economic health in Bangladesh and beyond.​