Gold is an essential element in Bangladeshi Culture. It has been integrated with the Bengali lifestyle for centuries. People, especially women, use Gold ornaments and jewellery as regular wearables or for special functions like marriage ceremonies. Some religious groups also used gold for worship. Here, from generation to generation, the gold jewellery is passed down as family wealth. So, gold purchases are a regular event in Bangladesh. As prices have increased recently, people have searched the internet for the latest gold prices in Bangladesh. Gold prices depend on important factors that are considered when buying, such as quality and weight count. In this blog, I will share the information for the question "What is the gold price in Bangladesh?" with a quick price overview. You do not have to waste time online and visit unreliable sources for gold price updates.
Gold price is not constant, and not all types of gold have the same price. So, it's essential to know about updated gold prices to adjust your purchase plan. You can check the latest gold price in Bangladesh from the Local Gold Jewellery store, online or through a mobile app. You can check multiple sources for updated gold prices in the market before making any purchase decisions.
If visiting a jewellery shop is convenient, you can see the local gold jewellery shop to learn the updated gold price in Bangladesh. Jewellery shops can tell you the exact buying price of gold in Bangladesh as they will give you the price, including VAT and labour costs. So, if you plan to buy gold jewellery, you can also get the estimated total gold price from them.
You can search online for the latest gold prices in Bangladesh. Though it is the easiest way to know the current gold price, you can get lost on the internet as there are too many backdated or unreliable sources. Moreover, you may not get the price in the format you want, like 1 ana or 1 bhori gold price in Bangladesh. Some websites also enable one to buy gold digitally as an investment. Gold Kinen is a platform that enables the digital buying, selling, and storage of gold.
Some mobile apps provide live updates on gold prices in Bangladesh and other countries. Their given gold price may not be accurate, but it is close to the updated gold price declared by Bangladesh Jewellery Samity. These apps also provide a gold price calculator to help you calculate your desired purchase.
The gold price in Bangladesh has been fluctuating very frequently recently. Bangladesh Jeweller's Association (BAJUS)—The Standing Committee on Pricing and Price Monitoring arranged a meeting on 01 December 2024 to update the Pure Gold price for the local market. According to a unanimous decision by the committee members, the new price has been set from 02 December 2024. You also have to consider a government-imposed 5% tax and 6% maker cost on the price of your purchased gold.
Table: How Much Is Gold Price Today In Bangladesh?
|
Gold In Karat |
Gold Description |
Gold Price Per Gram (Taka) |
Gold Price Per Bhori (Taka) |
|
22 Karat |
Cadmium (HALLMARKED GOLD) |
12,026 /- |
1,40,271 /- |
|
21 Karat |
Cadmium (HALLMARKED GOLD) |
11,480 /- |
1,33,903 /- |
|
18 Karat |
Cadmium (HALLMARKED GOLD) |
9,840 /- |
1,14,774 /- |
|
TRADITIONAL |
N/A |
8,081/- |
94,257 /- |
Note: Price Last Update 10, December 2024 & All Price in BDT.
Until further notice, all jewellery shops or companies should follow this price. So, if you are purchasing gold jewellery, no shop can charge you more than this price. However, the cost of jewellery making may differ according to design and product quality.
Gold Price changes impact gold ornaments price in Bangladesh. The gold price in Bangladesh has crossed the Tk 100,000 Taka mark per bhori for the first time in July 2023.
Pure gold prices increase every time there is a supply crisis and volatility in the domestic market. Gold prices have risen by double since the end of 2021. A Bajus report says - the annual demand for gold is between 20-40 metric tons in Bangladesh.
Due to the global gold market price change, our local gold price also changes. This is the normal scenario for gold prices to rise in Bangladesh irrespective of the country’s inflation.
VAT on imported gold is another factor that affects the price. The Bangladeshi government can lower or withdraw the VAT on gold imports. Bangladesh imposes a 5 per cent duty on the type of gold it imports. This would encourage jewellery businessmen to legally purchase more gold from foreign countries, and ultimately, gold prices would not rise.
Bangladesh Jewellery Association addressed another big reason: smuggling. According to BAJUS, the price of gold could be lower, but gold smuggling is a big reason for its price hike. A large amount of Gold is smuggled every year to neighbouring countries. Border Guard Bangladesh (BGB) is trying to stop this smuggling with strict actions. Yet, the gold smuggling has continued.
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Standard gold weight units are ounce, tola, pennyweight, grain, pound, baht and gram. In Bangladesh, Aana, Bhori/Vori/Tola, and gram are mainly used as gold weight units. If you know the conversion rate, you can convert any gold weight to another using a calculator. Moreover, you can also use the Gold Unit Converter tool to convert any unit to your desired gold-weight unit.
The most common gold weight conversion for Bangladeshi people use are
The gold price in Bangladesh has frequently changed in the past few years. If the authorities take the necessary steps, the gold price in Bangladesh may stabilise. For example, we need to import gold at an appropriate level and control gold smuggling to control the gold price in Bangladesh. We provide updates for real-time gold prices in Bangladesh. Visit this blog and share with the near ones to save time on the internet for finding a reliable source for updated gold prices. So, to see today’s gold price in Bangladesh, check the table and quick overview sections having all types of gold prices.
1. What is the price of 22 carat gold in Bangladesh?
- 22 carat gold price in Bangladesh is 11,765 Taka per Gram and 137,227 Taka per Vori.
2. What is the price of 1 vori gold in Bangladesh today?
- 1 vori gold price depends on the gold purity. 1 vori gold in Bangladesh today: 22-carat - 137,227 Taka/Vori, 21-carat - 130,998 Taka/Vori, 18-carat - 112,289 Taka/Vori and Traditional - 92,134 Taka/Vori.
3. What is the latest price of 22 carat gold?
- The latest price of 22 carat gold is 137,227 Taka/Vori and 11,765 Taka/Gram.
4. How many grams is 1 vori gold in Bangladesh?
- 1 vori gold in Bangladesh is approximately 11.66 Grams.
5. বাংলাদেশে ১ ভরি সোনা কত গ্রাম?
- বাংলাদেশে ১ ভরি সোনা ১১.৬৬ গ্রাম। প্রতি ভরি স্বর্ণের দাম
6. বাংলাদেশে ২২ ক্যারেট সোনার দাম কত?
- বাংলাদেশে ২২ ক্যারেট সোনার দাম প্রতি গ্রাম ১১,৭৬৫ টাকা এবং প্রতি ভরি স্বর্ণের দাম ১ লাখ ৩৭ হাজার ২২৭ টাকা।
