The Bangladesh Jewellers’ Association, commonly known as BAJUS, has once again increased the price of gold in the local market. This latest adjustment comes following a rise in the price of pure gold, or tejabi gold, within the domestic sector. According to the standing committee on pricing and price monitoring of BAJUS, the price per bhori has been raised by 2,216 BDT. With this new hike, the price of 22-carat gold now stands at 244,711 BDT per bhori, setting a significant benchmark in the nation`s gold trade history. The new rates are officially effective from this Saturday across the country.
The decision was formalized in a press release issued by BAJUS on Thursday morning. The organization stated that the adjustment was necessary due to the soaring costs of pure gold in the local bullion market. This move reflects the ongoing volatility in the commodity sector where prices are frequently revised to align with supply chain realities. Under the new pricing structure, 21-carat gold will now cost 233,572 BDT per bhori. Meanwhile, 18-carat gold has been priced at 200,213 BDT, and traditional gold will be sold at 163,063 BDT per bhori.
Market data reveals that the gold market in Bangladesh has experienced frequent shifts throughout the current year. So far in 2026, BAJUS has adjusted gold prices a total of 63 times. Among these revisions, prices were increased 35 times and decreased on 28 occasions. This trend follows a highly active previous year in 2025 when the association adjusted prices 93 times, including 64 increases. Such frequent changes indicate a period of economic uncertainty and fluctuating demand in the precious metals sector, making it challenging for both consumers and retailers to plan long-term.
The previous price adjustment occurred on May 6, when BAJUS increased the rate of 22-carat gold by 2,158 BDT, bringing it to 242,495 BDT. The fact that another hike followed within just three days highlights the rapid pace of price escalation in the local market. For many middle-income families, gold is not just a luxury but a traditional necessity for weddings and social ceremonies. However, the consistent rise in prices is forcing many to reconsider their purchasing decisions or opt for lower-carat alternatives.
Financial analysts suggest that while global market trends and the value of the US dollar play a role, the primary driver for these frequent updates remains the local availability of bullion. Jewelry shop owners have expressed concerns that the diminishing purchasing power of the general public might lead to a slowdown in the industry. As the price nears a quarter-million BDT per bhori, the market remains cautious. BAJUS continues to monitor the situation closely, and further adjustments may follow depending on the stability of the local pure gold market in the coming weeks.
