Gold has remained one of the most valued metals in Bangladesh for centuries and since years is considered to be one out of the few prime investment options. Bangladesh also has a huge market for gold and gold jewellery. People buy gold in the form of trendy jewellery, gold coins or gold bars. It is also consumed in the form of investments and traders interested in commodities trading, often invest in gold bullion.
Gold rate in Bangladesh changes several times a month, with several factors impacting it in a particular place on a given month. This change in gold/silver rates that varies from city to city depends on demand, supply, and local market conditions. Some of the most critical aspects that determine the price of gold in a country are demand & supply, global market conditions and currency fluctuations, with the rates changing every month/day. All the factors that affect gold rates in Bangladesh are briefly explained below.
However, before learning about gold rates in Bangladesh, one should be aware of the fact that the regular gold price is not different than the hallmarked gold price. You will not be charged extra for buying hallmarked gold. The only and most important difference is that you are ensured of purity when you buy gold which is hallmarked by BSTI (Bangladesh Standards and Testing Institution). Hallmarked gold rates in Bangladesh do not differ in their pricing. The difference lies in the quality of the precious metal. So, one should always buy high-quality gold. And to make sure of its quality, it is better to stick to the BSTI hallmarked gold products.
In 2025, the precious metals market in Bangladesh has experienced notable fluctuations, particularly in gold and silver prices. These changes are influenced by global economic trends, currency exchange rates, and domestic market dynamics.
Gold Prices in Bangladesh
As of February 17, 2025, the Bangladesh Jewellers Association (Bajus) announced that the price of 22-carat gold per bhori (11.664 grams) has been set at Tk 151,282. This marks a significant increase, as gold prices have surpassed the Tk 150,000 threshold for the first time.
To provide a broader perspective, in January 2025, gold prices in Bangladesh ranged between Tk 313,868 and Tk 341,863 per ounce, with an average price of Tk 329,215 per ounce.
Silver Prices in Bangladesh
Silver prices have also seen upward movement. In January 2025, silver prices ranged from Tk 3,465.08 to Tk 3,866.18 per ounce, averaging Tk 3,688.36 per ounce. In February 2025, the prices slightly increased, ranging from Tk 3,804.15 to Tk 3,993.31 per ounce, with an average of Tk 3,908.26 per ounce.
Factors Influencing Precious Metal Prices Like Gold and Silver
Several factors contribute to the fluctuation of gold and silver prices in Bangladesh:
- Global Market Trends: International demand and supply dynamics, geopolitical tensions, and economic indicators influence global precious metal prices, which in turn affect local markets.
- Currency Exchange Rates: Fluctuations in the exchange rate between the Bangladeshi Taka and major currencies, especially the US Dollar, impact the local pricing of imported metals.
- Domestic Demand: Cultural events, festivals, and economic conditions within Bangladesh can lead to variations in demand, influencing prices accordingly.
Investment Considerations
Investors and consumers considering purchasing gold or silver in Bangladesh should stay informed about current market trends and price movements. Regularly monitoring reputable sources and consulting with financial advisors can aid in making informed decisions.
In summary, the year 2025 has witnessed significant changes in the prices of gold and silver in Bangladesh, driven by a combination of global and domestic factors. Staying abreast of these developments is crucial for stakeholders in the precious metals market.
