Gold Prices Drop in Bangladesh: 22-Carat Now Tk 2,28,556 per Bhori

Following two consecutive price hikes and a recent VAT adjustment, the Bangladesh Jeweller's Association (BAJUS) has announced a much-anticipated reduction in gold and silver prices.

The new rates, which came into effect at 10:00 am on Friday (June 19), bring the price of premium 22-carat gold down by Tk 4,374. It will now be sold at Tk 2,28,556 per bhori (11.664 grams).

In a press release, BAJUS explained that the decision was made to reflect a recent drop in the price of pure gold in the local market.

The new rates per bhori (inclusive of VAT) are 22-carat gold: Tk 2,28,556, 21-carat gold: Tk 218,292, 18-carat gold: Tk 187,440 and Traditional gold: Tk 153,148.

Important Notice for Buyers: No Extra VAT

Prioritizing consumer protection, BAJUS issued a strict reminder regarding Value Added Tax (VAT). Because the newly announced selling prices already include VAT, jewelry stores cannot collect VAT separately from customers.

However, buyers should note that final purchasing costs will still include making charges (wages)—which vary based on the design's complexity—and the price of any stones added to the jewelry. Existing policies regarding the exchange and repurchase of old jewelry remain unchanged.

Silver Prices Also Drop

Alongside gold, the association has also slashed the price of silver. The cost of 22-carat silver has dropped by Tk 116. The new rates bringing it to Tk 5,249 per bhori, 21-carat silver: Tk 5,016, 18-carat silver: Tk 4,257 Traditional silver: Tk 3,208.

The local bullion market has experienced unprecedented fluctuations this year. According to BAJUS data, gold prices have been adjusted a staggering 77 times so far in 2026—increasing 39 times, decreasing 37 times, with one formal VAT adjustment.

Silver prices have followed a similar volatile trend, undergoing 47 adjustments (24 increases and 23 decreases) this year.