The price of gold in Bangladesh has been reduced by Tk 2,158 per bhari, bringing the new rate for 22-carat gold to Tk 245,819, the Bangladesh Jewellers Association announced on Monday.

The revised prices took immediate effect from the morning.

Despite recent fluctuations, gold prices have shown a strong upward trend over the longer term.

In global market, rising geopolitical tensions, increased purchases by central banks, and investors seeking safe-haven assets have driven global gold prices up by more than 70 per cent over the past year.

Bajus said the adjustment was driven by a decline in the price of tejabi (pure) gold in the local market, alongside the overall market situation.

Under the new pricing structure, 21-carat gold has been set at Tk 234,621 per bhari (11.664 grams), while 18-carat gold will cost Tk 201,146 per bhari.

Gold produced through the traditional method has been priced at Tk 1,63,821 per bhari.

The latest reduction comes just days after a price hike on April 1, when Bajus increased the rate of 22-carat gold by Tk 3,266 to Tk 247,977 per bhari.

Buyers will need to pay an additional 5 per cent government fixed VAT on the sale price, along with a minimum 6 per cent making charge set by BAJUS.

However, the charge may vary depending on the quality and design of jewellery.

So far in 2026, gold prices in the country have been revised 52 times, including 30 increases and 22 decreases, reflecting significant volatility in the market.

Alongside gold, BAJUS also reduced silver prices.

The price of 22-carat silver has been cut by Tk 175 to Tk 5,540 per bhari.

Meanwhile, 21-carat silver is now priced at Tk 5,307 per bhari, 18-carat silver at Tk 4,549 per bhari, and traditional method silver at Tk 3,383 per bhari.

Silver prices have been adjusted 31 times this year, with 17 increases and 14 decreases.

According to Reuters, Gold prices were nearly steady on Monday, as market participants stayed ‌cautious and awaited further signals on the evolving US-Iran situation and its impact on global interest rates.

Spot gold was little changed at 4,669.13 dollars per ounce by 9:26 am ET (1326 GMT) after falling 1 per cent earlier in the session. US gold futures rose 0.3 per cent to 4,694.20 dollars per ounce.