Dhaka, Bangladesh – April 22, 2025: The relentless surge in the gold price in Bangladesh continues unabated, shattering records for the second consecutive day. The Bangladesh Jewellers Association (BAJUS) announced another significant price hike late Tuesday night, pushing the cost of the precious metal to a new all-time high in the local market.
The latest increase, set to take effect from Wednesday, April 23rd, sees the price of top-quality 22-carat gold jump by a substantial BDT 5,342 per bhori (11.664 grams). This brings the new price for one bhori of 22-carat gold to a staggering BDT 177,888 – the highest gold price in Bangladesh ever recorded.
This dramatic rise comes just 24 hours after a previous major hike. On Monday night, BAJUS had increased prices effective Tuesday, April 22nd, raising the 22-carat price by BDT 4,713 to BDT 172,546 per bhori. That price held the record for less than a day. Combined, the increases announced on Monday and Tuesday mean the price of 22-carat gold has risen by over BDT 10,000 per bhori in just two days.
BAJUS attributed the persistent increases to the rising cost of pure gold (Tejabi gold) in the local market, necessitating the price adjustments. According to BAJUS, the gold price in Bangladesh has been adjusted eight times in April alone, with six increases and two decreases.
The decision for the latest hike was announced following a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring.
New Gold Prices (Effective April 23, 2025)
- 22-Carat: BDT 177,888 per bhori (Increase of BDT 5,342)
- 21-Carat: BDT 169,805 per bhori (Increase of BDT 5,109)
- 18-Carat: BDT 145,543 per bhori (Increase of BDT 4,374)
- Traditional Method Gold: BDT 120,513 per bhori (Increase of BDT 3,733)
Prices Effective Today (Tuesday, April 22, 2025)
- 22-Carat: BDT 172,546 per bhori
- 21-Carat: BDT 164,696 per bhori
- 18-Carat: BDT 141,169 per bhori
- Traditional Method Gold: BDT 116,780 per bhori
BAJUS also reminded consumers that a mandatory 5% Value Added Tax (VAT) and a minimum 6% making charge are applicable on the sale price of gold jewellery. Making charges may vary based on the intricacy of the design and the quality of craftsmanship.
Meanwhile, the price of silver remains unchanged. The current silver prices per bhori are:
- 22-Carat Silver: BDT 2,578
- 21-Carat Silver: BDT 2,449
- 18-Carat Silver: BDT 2,111
- Traditional Method Silver: BDT 1,586
This latest development underscores the extreme volatility and upward trend currently defining the gold price in Bangladesh, setting yet another historic benchmark for the precious metal within the country.