Gold prices in Bangladesh fell sharply on Thursday, marking one of the steepest single-day declines in recent months as jewellers adjusted rates twice within hours.

The Bangladesh Jewellers Association (BAJUS) first issued a price cut in the morning, reducing the rate of 22-carat gold by Tk 7,640 per bhori. By the afternoon, a second notice followed, trimming a further Tk 7,698. The combined reduction brought prices down by Tk 15,338 in a single day.

Following the revision, 22-carat gold is now selling at Tk 246,927 per bhori, equivalent to 11.664 grams. The new rates came into effect immediately, according to the association.

Other categories saw similar adjustments. The price of 21-carat gold has been set at Tk 235,671 per bhori, while 18-carat gold now stands at Tk 202,020. Gold produced through traditional methods is priced at Tk 164,521 per bhori.

BAJUS said the move reflects a decline in the price of pure gold in the local market. The association did not indicate how long the current rates would hold.

Price volatility has been a recurring feature this year. So far in 2026, gold prices have been revised 45 times, with 26 increases and 19 decreases, pointing to a market that has struggled to find stability.

Silver prices also moved downward on the same day, though the adjustments were less pronounced. The rate for 22-carat silver dropped by Tk 350 to Tk 5,365 per bhori. Prices for 21-carat, 18-carat, and traditional silver now stand at Tk 5,132, Tk 4,432, and Tk 3,324 per bhori respectively.

Like gold, silver has seen frequent price changes this year, with 29 adjustments recorded so far, including 16 hikes and 13 reductions.

The latest decline in domestic prices comes in step with movements in the global market. Data from the World Gold Council indicates that gold prices in the spot market fell by around 5.5 percent on Thursday, a shift that appears to have filtered through to the local market.

For buyers and traders alike, the rapid changes within a single day underline how closely domestic pricing continues to track international trends, even as adjustments at home are made in quick succession.

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The immediate effect has been a noticeable easing in prices, though the pace and frequency of revisions suggest that the market remains sensitive to further shifts.