Bangladesh’s gold market fell again as local jewellers cut bullion prices by as much as Tk 1,691 a bhori, tracking a steep drop in world gold prices that is rippling through investors, traders and bullion-backed funds.
Bangladesh Gold Prices Fall on Global Decline
The Bangladesh Jewellers Association said the new rates took effect from 10 a.m. Thursday after a decline in refined gold and silver prices in global markets. The move underscores how quickly domestic retail prices in Bangladesh are being reset by swings in international bullion, even as local buyers and jewellers absorb the latest round of volatility.
Under the revised schedule, 22-carat gold is now Tk 226,340 per bhori, down from Tk 228,031. Twenty-one-carat gold fell to Tk 216,192 from Tk 217,767, while 18-carat gold slipped to Tk 185,691 from Tk 187,032. Traditional gold was reduced to Tk 151,690 from Tk 152,798.
Silver prices were also lowered, with 22-carat silver at Tk 4,024 per bhori including VAT, 21-carat at Tk 3,849, 18-carat at Tk 3,324 and traditional silver at Tk 2,508. VAT remains embedded in the quoted prices.
The local cuts mirror a broader selloff in precious metals. World gold prices are down about $44 an ounce so far today, while silver has fallen $1.41, after a month in which gold has shed roughly $150 an ounce and about $574 over the past six months.
The move matters for investors because it shows gold’s safe-haven bid is weakening even with geopolitical risk still elevated. Instead, higher yields on dollar-denominated bonds are drawing capital away from bullion, pressuring prices and hitting exchange-traded products and mining-linked names that have benefited from the metals rally.
Adalytica’s Gold Fear & Greed Index is at 4, or “Extreme Fear,” while its U.S. dollar trade signals show fear in the greenback has faded, a combination that points to a stronger relative appeal for yield-bearing assets. Gold futures were last trading around $4,049.3 an ounce, below the 50-day moving average but still above the 200-day average, while silver futures were near $54.03 an ounce and trading under their 50-day average.
For Bangladesh consumers, the decline eases the cost of jewellery purchases, but it also highlights how import-linked commodity swings can quickly feed into retail pricing. The next catalyst for gold will be incoming U.S. rates data and bond-market moves, which are likely to determine whether bullion stabilizes or extends its recent slide.
| Entity | Gains | Losses |
|---|---|---|
| Bangladeshi jewellery buyers | ▲Lower retail prices | ▼None |
| Bangladesh jewellers | ▲Easier stock repricing | ▼Margin pressure on inventory |
| Gold holders | ▲None | ▼Mark-to-market losses |
| Bond investors | ▲Higher relative appeal | ▼None |


