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Wednesday, 01 October, 2025

After Consecutive Hikes, Gold Prices Turn Downward in Bangladesh

Express Report
  28 Sep 2025, 03:37

After raising the price in three consecutive adjustments, the Bangladesh Jewellers Association (BAJUS) has finally reduced the gold price in the domestic market.

In a press release issued on Saturday night, BAJUS announced that the price of 22-carat gold has been cut by Tk 1,890 per bhori (11.664 grams), fixing it at Tk 192,969. 

The new rates will come into effect from Sunday.

BAJUS said the price of pure gold (tejabi) has fallen in the local market, prompting the latest adjustment.

As per the new rates, the price of 21-carat gold has been set at Tk 184,198 per bhori, 18-carat at Tk 157,884, and traditional gold at Tk 131,045 per bhori.

In addition to the selling price, buyers will have to pay 5% VAT as per government rules and a minimum 6% making charge set by BAJUS. 

The making charge may vary depending on jewelry design and quality.

Earlier, on September 23, BAJUS last revised gold prices, raising the 22-carat rate by Tk 3,663 per bhori to Tk 194,859 — the highest ever in the country’s market until now.

Gold prices in Bangladesh fell on Wednesday, following declines in India and Pakistan, as global markets reacted to a stronger dollar and cautious signals from Federal Reserve Chair Jerome Powell regarding the timing of future U.S. interest rate cuts.

In his first public comments since last week’s Fed meeting, which concluded with a rate reduction, Powell emphasized the need for policymakers to carefully balance the dual challenges of persistent inflation and a softening jobs market in upcoming monetary policy decisions.

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After Consecutive Hikes, Gold Prices Turn Downward in Bangladesh

Express Report
  28 Sep 2025, 03:37

After raising the price in three consecutive adjustments, the Bangladesh Jewellers Association (BAJUS) has finally reduced the gold price in the domestic market.

In a press release issued on Saturday night, BAJUS announced that the price of 22-carat gold has been cut by Tk 1,890 per bhori (11.664 grams), fixing it at Tk 192,969. 

The new rates will come into effect from Sunday.

BAJUS said the price of pure gold (tejabi) has fallen in the local market, prompting the latest adjustment.

As per the new rates, the price of 21-carat gold has been set at Tk 184,198 per bhori, 18-carat at Tk 157,884, and traditional gold at Tk 131,045 per bhori.

In addition to the selling price, buyers will have to pay 5% VAT as per government rules and a minimum 6% making charge set by BAJUS. 

The making charge may vary depending on jewelry design and quality.

Earlier, on September 23, BAJUS last revised gold prices, raising the 22-carat rate by Tk 3,663 per bhori to Tk 194,859 — the highest ever in the country’s market until now.

Gold prices in Bangladesh fell on Wednesday, following declines in India and Pakistan, as global markets reacted to a stronger dollar and cautious signals from Federal Reserve Chair Jerome Powell regarding the timing of future U.S. interest rate cuts.

In his first public comments since last week’s Fed meeting, which concluded with a rate reduction, Powell emphasized the need for policymakers to carefully balance the dual challenges of persistent inflation and a softening jobs market in upcoming monetary policy decisions.

Comments

Govt Tackles IMF Debt Worries with Banking, Power and Revenue Overhaul
Economy at Risk: Dr Salehuddin Warns Against Spread of Misinformation
Agrani Bank Tk 190cr Fraud: 11 Individuals Sued Including Top Officials
CA Credits NRB Remittances for Stabilising Economy After July Protests
“Say No to Money Laundering,” Yunus Appeals to World Leaders at UNGA