A day after hitting a record high, the prices of gold in Bangladesh fell sharply on Friday, with the Bangladesh Jewellers Association (BAJUS) cutting the rate by Tk 14,638 per bhori.

In a notification, BAJUS said it has fixed the price of 22-carat gold at Tk 271,363 per bhori (11.664 grams), effective immediately.

The jewellers’ body explained that the latest reduction comes following a fall in the price of pure gold (tejabi sona) in the local market.

According to the revised rates, the price of 21-carat gold has been set at Tk 258,999 per bhori, 18-carat gold at Tk 222,024 per bhori, while the price of traditional gold stands at Tk 182,833 per bhori.

Gold price skyrockets to Tk262,440 per bhori overnight in Bangladesh 

In addition to the selling price, buyers will have to pay a mandatory 5 percent VAT set by the government and a minimum 6 percent making charge fixed by BAJUS. However, the making charge may vary depending on the design and quality of jewellery.

On January 29, BAJUS had raised the price of gold by Tk 16,213 per bhori, setting the rate at Tk 286,000 — the highest ever in the country’s gold market.

So far in 2026, gold prices have been adjusted 17 times, with increases on 13 occasions and decreases on four.

Alongside gold, BAJUS has also reduced silver prices. The price of 22-carat silver has been cut by Tk 816 to Tk 7,757 per bhori, marking the first reduction after four consecutive hikes.

Under the new rates, 21-carat silver will sell at Tk 7,407 per bhori, 18-carat at Tk 6,357 per bhori, while traditional silver has been fixed at Tk 4,782 per bhori.

Gold hits record high in Bangladesh as prices jump Tk 7,348 per bhori

Meanwhile, gold prices have also shown a downward trend in the global market. 

In the spot market, gold was trading at around USD 5,600 per ounce on Thursday, which fell to about USD 5,100 on Friday — a decline of more than 4 percent within a day.