Gold prices in Bangladesh have finally witnessed a sharp decline following six successive increases, bringing a measure of relief to consumers and investors alike. The Bangladesh Jewellers Association (BAJUS) announced on 6 March 2026 that the price of gold per bhori has been reduced by BDT 9,214. The new rates are now officially effective across the country, marking a notable correction after a period of sustained upward trends in the domestic market.
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Reasons Behind the Price Decline
BAJUS attributed the reduction to a combination of increased local supply of pure gold (tejabi gold) and the impact of global market trends. Earlier this week, on 3 March, the price of gold had been raised by BDT 3,324 per bhori. However, the latest substantial decrease has largely offset that earlier hike, bringing the market back to more balanced levels.
Market analysts point out that fluctuations in international gold prices, combined with seasonal supply adjustments in domestic markets, contributed to this significant drop. The correction is seen as a welcome development for ordinary buyers, especially amid heightened demand for gold both as jewellery and as a traditional investment option.
Updated Gold Prices
The revised rates per bhori, as determined by BAJUS, are as follows:
| Gold Type | New Price (BDT per bhori) | Price Change (BDT) |
|---|---|---|
| 22 Carat | 268,214 | −9,214 |
| 21 Carat | 256,025 | −9,214 |
| 18 Carat | 219,458 | −9,214 |
| Traditional Method | 179,159 | −9,214 |
These adjustments represent the first opportunity in several weeks for buyers to purchase gold at a significantly lower price. Jewellery retailers have reported a surge in enquiries following the announcement, reflecting renewed consumer interest.
Market Trends and Historical Context
Since the beginning of 2026, BAJUS has revised gold prices a total of 37 times. Of these revisions, 24 were price increases, while today’s marked the 13th decrease this year. Comparatively, in 2025, gold prices fluctuated 93 times, including 64 increases, highlighting the historically volatile nature of the market.
Experts note that frequent price adjustments are typical in response to global market movements, currency fluctuations, and domestic supply variations. The recent sharp drop may signal the beginning of a stabilisation phase after months of continual rises, offering both investors and everyday buyers a brief reprieve from high prices.
Outlook for Consumers and Traders
While it remains uncertain how long these lower prices will hold, analysts advise consumers and investors to closely monitor both local and international trends before making significant purchases. Jewellery businesses are expected to recalibrate their stock levels and pricing strategies to align with the new market conditions, balancing consumer demand with the revised gold rates.
The recent correction underscores the dynamic nature of Bangladesh’s gold market, illustrating the ongoing interplay between international price fluctuations and domestic supply conditions. For consumers, the reduction provides a timely opportunity to invest in gold, while for traders, it offers a chance to adjust operations amid a period of renewed market volatility.