Dhaka, May 14 (V7N) – The price of gold in Bangladesh has once again surged, with the country’s top trade body for jewelers announcing a new rate for 22-carat gold at BDT 169,186 per bhori (approximately 11.664 grams), reflecting an increase of BDT 1,566. The Bangladesh Jewellers’ Association (BAJUS) released the updated pricing in an official statement on Tuesday.

According to the BAJUS notification, the adjustment was made in response to a recent rise in the price of tejaabi gold (refined or pure gold) in the local market. The revised pricing structure is set to take effect from Wednesday.

“Considering the current market conditions and the rise in prices of pure gold, the new rates have been set,” the statement said.

This price hike continues a recent trend of volatility in the local gold market, influenced by both international pricing and domestic demand-supply dynamics. Over the past year, Bangladesh has seen several upward adjustments in gold prices, driven in part by global economic uncertainty, currency fluctuations, and rising production costs.

Gold is traditionally seen as a safe-haven asset in Bangladesh, particularly during times of inflation or currency depreciation. The demand for gold spikes around wedding seasons and major religious festivals, further affecting local pricing.

Current Standard Gold Prices in Bangladesh (effective from Wednesday):

  • 22-carat (best quality): BDT 169,186 per bhori

  • (Other categories were not mentioned in the original announcement)

The latest adjustment underscores the close relationship between global bullion markets and domestic pricing policies, especially in economies where gold plays a significant cultural and financial role.

END/BD/SMA/