Gold prices have dropped once again in the local market of Bangladesh. The Bangladesh Jeweller`s Association (BAJUS) reduced the price of high-quality 22-carat gold by Tk 2,158 per bhori. The new rate stands at Tk 2,35,963 per bhori and officially took effect nationwide at 10 AM on Wednesday.
This marks the third time the precious metal has seen a price cut in just six days.
BAJUS confirmed that the latest adjustment was made strictly due to a significant decline in the price of pure gold, known locally as Tejabi gold. Buyers will now have to pay Tk 2,25,232 for 21-carat gold under the newly revised pricing structure. The association fixed the price of 18-carat gold at Tk 1,93,039 per bhori. The price for traditional method gold currently stands at Tk 1,57,231.
The consecutive adjustments have reduced the overall price of gold by a massive Tk 8,748 per bhori over three phases.
The association had previously slashed the price by Tk 4,374 per bhori just a few days ago on May 16. Another reduction of Tk 2,216 per bhori occurred the very day before that on May 15. The local market has already witnessed 66 separate price adjustments so far this year. BAJUS has increased the price 35 times and lowered it 31 times in 2026, following 93 total adjustments throughout the previous year.
