Dhaka: Gold prices in Bangladesh soared to a new all-time high as the rate of 22-carat gold crossed Tk 286,000 per bhori following a sharp hike by the Bangladesh Jewellers Association (BAJUS).
According to United News of Bangladesh, in a notice issued in the morning, BAJUS announced that the price of 22-carat gold has been raised by Tk 16,213 per bhori to Tk 286,001, with immediate effect. This adjustment marks the largest single-day increase announced by BAJUS in recent years and has pushed gold prices to a record high within just 24 hours.
The jewellers’ association attributed the price hike to a rise in the local price of pure gold (tejaabi gold), stating that the new rates were determined after reviewing the overall market situation. Under the revised rates, 21-carat gold will be sold at Tk 272,996 per bhori, while 18-carat gold is set at Tk 233,980 per bhori. Gold made using traditional methods will cost Tk 193,039 per bhori.
In addition to the declared prices, buyers are required to pay a mandatory 5 percent VAT fixed by the government and a minimum 6 percent wage set by BAJUS, which may vary depending on the design and quality of the jewellery. Earlier, on January 28, BAJUS had increased the price of 22-carat gold by Tk 7,348 per bhori, setting it at Tk 269,788-the previous highest gold price in the country’s history.
With the latest revision, gold prices have been adjusted 16 times in the domestic market so far this year, including 13 increases and three cuts. Silver prices have also seen an increase alongside gold. The price of 22-carat silver has been raised by Tk 816 per bhori to Tk 8,573, marking the highest silver price ever recorded in Bangladesh. Under the new rates, 21-carat silver will sell at Tk 8,165 per bhori, 18-carat silver at Tk 6,998, and traditional silver at Tk 5,249 per bhori.
So far in 2026, silver prices have been adjusted 12 times, with nine increases and three reductions. Meanwhile, global gold prices continue to surge. In the spot market, gold prices have crossed $5,500 per ounce-an unprecedented level. Market analysts attribute the rally to factors such as a weaker US dollar, interest rate policies of the Federal Reserve, growing geopolitical tensions, and increased reliance on gold by central banks worldwide.