Gold prices have once again increased in the domestic market, with the rate climbing by Tk5,424 per bhori. As a result, the price of 22-carat gold now stands at Tk251,184 per bhori.
The Bangladesh Jewellers Association (BAJUS) announced the latest price adjustment in a notice issued on Tuesday morning, stating that the revised rates took effect from 10:30am the same day.
According to BAJUS, the price hike was prompted by an increase in the local market price of refined (pure) gold. The rise comes just a day after gold prices were reduced twice in a single day by a combined Tk12,014 per bhori.
Under the new rates, the price of top-quality 22-carat gold has increased from Tk245,760 on Monday afternoon to Tk251,184 per bhori. Meanwhile, 21-carat gold is now priced at Tk239,754 per bhori, while 18-carat gold is selling at Tk205,520 per bhori. Gold made using traditional methods is being sold at Tk168,195 per bhori.
Silver prices, however, have remained unchanged. The price of 22-carat silver stands at Tk6,356 per bhori, while 21-carat silver is priced at Tk6,065 per bhori. Additionally, 18-carat silver is selling at Tk5,202 per bhori, and traditionally produced silver at Tk3,907 per bhori.
The domestic gold market has experienced significant volatility in recent days, reflecting sharp fluctuations in the global market. Last week, a surge in international gold prices led BAJUS to increase local prices by Tk16,213 per bhori in a single adjustment on Thursday morning. This pushed the price of top-quality gold to Tk286,000 per bhori — the highest ever recorded in the country and the largest single-day increase to date.
However, prices were subsequently revised downward. BAJUS announced a price cut of up to Tk14,600 per bhori on Friday morning, bringing the price of top-quality gold down to Tk271,000 per bhori. Further reductions followed in several phases before the latest increase.
