Gold prices cut again after two consecutive hikes - The Business Standard

AI desk brief

Bangladesh Jewellers Association cut domestic 22-carat gold prices by Tk1,691 per bhori to Tk2,32,930 including VAT, after two straight hikes last week. Silver prices were also reduced, with 22-carat silver down Tk291 per bhori to Tk4,841. The update took effect at 10am on 26 September and marks the 117th gold price adjustment in Bangladesh this year.

Bajus said the revision reflects the prevailing market situation; the association has now adjusted gold prices 58 times higher and 58 times lower this year, plus one VAT-only change. The repeated domestic repricing is a local demand/retail pricing signal rather than a direct global market catalyst, but it points to ongoing volatility in end-user costs.