Bajus Gold Price Cut Again As Local Rates Fall

Gold prices in Bangladesh have been reduced again, with jewellers adjusting rates after a decline in the local market value of precious metals.

The decision came from the Bangladesh Jewellers Association, which announced on Saturday morning that new prices would take effect from 10am the same day.

Under the revised rates, the price of 22-carat gold has been lowered by Tk2,683 per bhori, equivalent to 11.664 grams. The adjustment brings the new price to Tk262,265 per bhori, according to the association.

The change follows what Bajus described as a fall in the price of pure gold and silver in the local market. The association said the overall market situation prompted a review of jewellery prices.

A press release said the decision was taken at an emergency meeting of the organisation’s Standing Committee on Pricing and Price Monitoring. The meeting was held at 9:30am on Saturday, shortly before the updated rates were made public.

With the revision, the price of 22-carat hallmarked gold has been set at Tk22,485 per gram. The rate for 21-carat gold now stands at Tk21,465 per gram.

Jewellery made from 18-carat gold will be sold at Tk18,400 per gram under the new list. Traditional gold jewellery, which generally contains lower gold purity, has been fixed at Tk14,985 per gram.

Silver prices have also been adjusted alongside gold.

According to Bajus, the price of 22-carat silver is now Tk425 per gram, while 21-carat silver has been set at Tk320 per gram. The rate for 18-carat silver stands at Tk495 per gram, and traditional silver jewellery will cost Tk520 per gram.

The association said the updated rates will apply at jewellery shops across the country until further notice.

Buyers should also note that the listed prices do not include tax. Bajus reminded customers that a 5 percent value-added tax will be added during purchase, which jewellers are required to deposit in the government treasury.

The latest adjustment continues a period of frequent price revisions in the local jewellery market, where rates are periodically reviewed in response to movements in precious metal prices.

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For now, the newly announced rates are expected to guide transactions at jewellery shops nationwide as traders follow the association’s official pricing structure.