Gold prices in Bangladesh have hit a new record high once again. The price of 22-carat gold has been increased by Tk3,033 per bhori, setting a new record at Tk165,209 per bhori — the highest in the country's history.
The announcement came through a press release issued by the Bangladesh Jewellers' Association (Bajus) on Wednesday. The new price will come into effect from Thursday, it said.
According to Bajus, the price adjustment was made due to a rise in the price of pure gold (acid gold) in the local market. Earlier, on the night of Sunday, the price of gold had been reduced by Tk1,038 per bhori, bringing it down to Tk162,176, which remained in effect until Wednesday night.
New gold prices by carat
The newly set price for 22-carat gold is Tk165,209, while 21-carat gold now costs Tk157,697. For 18-carat gold, the price stands at Tk135,174, and gold sold under the traditional method is priced at Tk111,659.
Global context
Globally, gold prices are also on the rise. Amid escalating trade tensions and reciprocal tariffs between the United States and China, the price of gold in the international market has surged past $3,300 per ounce — the highest ever recorded.
Silver prices remain stable
Meanwhile, silver prices have remained stable despite the sharp rise in gold. As per Bajus's current valuation, 22-carat silver is priced at Tk2,578, 21-carat at Tk2,449, 18-carat at Tk2,111, and silver under the traditional method is being sold at Tk1,586.
Market insiders attribute this record-setting rise in gold prices to a combination of global economic uncertainty, a growing preference for safe-haven investments, and supply shortages in the domestic market.
Many traders are concerned that the upward trend may continue in the coming days.