Gold prices hiked to US$1,260 per 11.66 grams

Gold prices in Bangladesh have been rising steadily for over a year, driven by international market trends and volatility in domestic supply.

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Gold prices have been going up in recent times, hitting an all-time high of Tk 124,501 per bhori yesterday. Jewellers attributed the rise to gold’s growing value in the international market. PHOTO: THE DAILY STAR

March 17, 2025

DHAKA – Jewellers have raised gold prices again, setting the new rate at Tk 153,474 per bhori (11.664 grammes) effective from tomorrow.

The previous price of 22-carat gold ornaments stood at Tk 150,862 per bhori.

The Bangladesh Jewellers’ Association’s standing committee on pricing and price monitoring decided at a meeting today, citing a rise in pure gold prices in the local market, according to a press release.

On February 20, gold prices hit a record high of Tk 154,525 per bhori, the highest ever in the country.

Gold prices in Bangladesh have been rising steadily for over a year, driven by international market trends and volatility in domestic supply.

In July 2023, gold prices crossed the Tk 100,000 mark for the first time in Bangladesh.

The country requires 20 to 40 tonnes of gold annually, with about 80 percent of demand met through smuggling.

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