February 21, 2025
DHAKA – Gold prices have reached an all-time high of Tk 154,525 per bhori, making the precious metal more expensive for customers.
Bangladesh Jewellers’ Association (Bajus) today announced an increase in the price of gold to Tk 13,248 per gramme, effective from tomorrow.
This marks a 2.14 percent rise from three days ago, when the price was Tk 12,970, due to the increase in the price of pure gold in the domestic market.
With the new rate, customers will need to pay Tk 154,525 per bhori (11.664 grammes), starting today, according to a press release from Bajus.
The previous price for a bhori of 22-carat gold was Tk 151,282.
Gold prices, which Bangladesh heavily depends on foreign sources for, have been rising steadily for over a year. This is due to both hikes in the international market and volatility in domestic supply.
In July 2023, the price of gold surpassed Tk 100,000 for the first time in Bangladesh.
The country requires between 20 and 40 tonnes of gold, with about 80 percent of the demand being met through smuggling.