Gold prices in Bangladesh have risen again, with 22-carat gold now priced at BDT 210,570 per tola. The Bangladesh Jewellers’ Association (BAJUS) announced the increase on Saturday evening, stating that the new rates would be implemented nationwide from Sunday. The price per tola has increased by BDT 2,403 compared to the previous day’s rates.
BAJUS noted that the rise in local gold prices was the primary factor behind the adjustment. Internationally, gold prices have experienced a slight increase in recent weeks, which has influenced domestic prices. Legal gold imports into Bangladesh remain minimal, with most foreign gold entering under the baggage rules rather than through commercial channels.
The price of gold in Bangladesh has been experiencing fluctuations for several months. On 17 October, the price of 22-carat gold reached a historic high of BDT 217,382 per tola. Prices then declined slightly, including a reduction of BDT 1,353 on 20 November.
According to the new rates, 21-carat gold will now be sold at BDT 201,006 per tola, 18-carat gold at BDT 172,289 per tola, and traditional gold at BDT 143,327 per tola. Comparatively, the previous rates were BDT 208,167 for 22-carat, BDT 198,696 for 21-carat, BDT 170,318 for 18-carat, and BDT 141,648 for traditional gold. The increases represent a significant adjustment in line with both local and global market trends.
Market analysts believe that the upward trend in gold prices is likely to continue as global economic uncertainties and fluctuations in international gold rates continue to affect local markets. Consumers and investors are encouraged to monitor market movements carefully before making purchases, particularly for investment purposes. The latest hike underscores the enduring appeal of gold as a stable asset in times of financial uncertainty.