Gold Price in Bangladesh - How Much is it in Today

Gold is a yellow color, a very precious and high-conductive material. It is found in nature collected by mining and made usable by a special process. Gold has the highest demand worldwide and the cost is also higher than other hard materials. How much is the gold price? Although global gold prices change intermittently and depend on gold quality, production, economy, political issues, etc. The current global gold price is $2735.22 per ounce and $88.58 per gram. But how much is the gold price in Bangladesh?

According to the Bangladesh Jeweller’s Association report, the 22 Karat latest gold price in Bangladesh is 12,305 BDT/GRAM. Therefore, the 21 Karat gold price is around 11,746 BDT/GRAM and the 18 Karat gold price is around 10,068 BDT/GRAM. It is noted that these prices are for hallmarked gold and 5% to 6% VAT will be added to the gold selling price.

Indeed, Bangladesh is a populous country, and most people are very interested in jewellery. The jewellery business is more popular in Bangladesh and there are thousands of jewellery stores in Bangladesh. However, pricing is a matter of fact. Sometimes, the gold rate in Bangladesh creates an obstacle to buying for some classes of people. However, let’s discuss the gold selling price in Bangladesh, the gold price per gram, the gold jewellery price in Bangladesh, and many more.

How Much Is Gold Price Today In Bangladesh?

Gold price touches new records in 2024. Now it has been a luxury. Due to the high price of gold, a few categories of people have been deprived of buying gold in Bangladesh. However, there is nothing to do here, because the Bangladeshi gold market depends on global gold prices. So, let’s see what is the regular gold price or latest gold price in Bangladesh.

The gold rate in Bangladesh is connected with the global gold business chain. In Bangladesh, gold prices frequently change. In 2024, the prices of pure gold have been increased in the Bangladeshi local market as well. So, how much gold rate in Bangladesh is available? There is a simple calculation to find Bhori from Gram. Take a look at the gold price in Bangladesh per Bhori.

Gold Unit Conversion from Gram to Bhori

Anyone can use this formula to find a price per Bhori. Let’s see a calculation that you can follow to find the actual gold price per Bhori by seeing at the above current pricing. It is noted that in this gold price calculation section is given for customer privileges. It means how to convert GRAM to Bhori but to see the recent gold price follow the above chart. 

Multiply 1 gram of gold price and 11.664 grams (because 1 Bhori/Vori is equal to 11.664 grams).

The 1 Bhori of 22 Karat gold price in Bangladesh is around 12,305 * 11.664 Gram = BDT 143525.52 (noted 1 gram gold price is 12,305).

The 21 Karat gold rate in Bangladesh per Bhori is around 11,746 * 11.664 Gram = BDT 137005.34 (noted 1 gram gold price is 11,746).

Therefore, 18 Karat gold charge in Bangladesh per Bhori is around 10,068 * 11.664 Gram = BDT 117433.15 (noted 1 gram gold price is 10,068).

So, we can see here,

• The 22 Karat gold price per Bhori in Bangladesh is 143525.52 Taka.
• The 21K gold price in Bangladesh per Vori today is around 137005.34 Taka.
• The 18 Karat gold price per Bhori in Bangladesh per Bhori is 117433.15 Taka.

It is noted that 11.664 grams of gold is equal to 1 Bhori of gold (1 Bhori/Vori = 11.664 grams). So, whatever the gold price per gram, use this simple formula and calculate the actual amount. It is noted that a 5% to 6% VAT will be added to the gold selling price.

Old Gold Price in Bangladesh

Bangladeshi gold price varies from time to time due to economic factors, the global market, and gold business owners. The old gold price depends on several factors like weight, gold purity, etc. Let’s see a chart of old gold prices and recent gold costs in Bangladesh per Bhori/Vori.

Today's Gold Price in Bangladesh per Vori 22k 2024

Gold is a luxurious and valuable metal that people use as ornaments, making devices, and for other purposes. However, today gold price in BD is already beyond many people's buying capacity. Today the gold price in Bangladesh 22 Carats is 143,500 BDT. Indeed, 22 Carat/Karat is more popular in Bangladesh. However, take a look at a glance at 18 karat, 21 Karat, and 22 Carat gold prices in Bangladesh.

Source: BAJUS

Remember one thing, the latest or today's gold rate in Bangladesh fluctuates due to different reasons. However, look at the previous gold price and the recent gold rate and make a comparison of how fast the gold price has increased. So, get in touch and get the gold pricing update.

How Many Prices Of Gold In Bangladesh?

There are three main types of gold cost in Bangladesh. This pricing system is not only applicable to Bangladeshi people, it is familiar to South Asian people as well. So, which pricing unit is most familiar in Bangladesh?

• Bhori/Vori
• Ana
• Gram
• Ounce

Bangladeshi people are familiar with Bhori/Vori, Gram, and Ana pricing units.

Price of Ana Gold in Bangladesh

What does 1 Ana mean? 1 Ana means 0.0625 Bhori/Vori gold. Alright, let’s make it clear 1 Bhori gold is equal to 16 Ana. So, 1 Bhori gold = 16 Ana gold. So, how much is 1 Ana gold price in Bangladesh? In November 2024,

22K 1 Bhori gold rate is around 143525.52 Taka.

1 Ana gold price is 143525.52/16 = 8970.345 Taka.

So, 1 Ana gold price is around 8970.345 Taka.

It is noted that if gold becomes 22 Karat then the price of 1 Vori gold in Bangladesh will be 143525.52 Taka (according to current gold pricing). If gold becomes 21 Karat then follow the equation, calculate it, and get the actual result.

Which Country Has The Highest Gold Reserve?

Gold plays a pivotal role in making a strong and stable economy from inflation. The gold reservation is a kind of financial safety. However, many countries have gold reserves. According to the Times of India News 3 September 2024, the top gold reserve countries are

It is noted that I have referred to the top 10 countries that have extensive gold reserves. I have collected that information from different authentic sources. You may have a question about where the Middle East country’s position is, and where is the African country's position? Indeed, Middle East countries (Saudi Arabia, UAE, Iran, Egypt, Iraq, etc.) have gold reserves but they are far behind the above 10 countries.

Final Thought

Gold prices in Bangladesh change intermittently due to global market conditions, gold quality, and other economic factors. I have referred to some essential data about Bangladeshi current gold price according to BAJUS data. How many gold reserves are there in bangladesh? According to the trading economics report bangladesh in 2024, 14.05 Tonnes of gold are reserved in Bangladesh.

FAQ (Frequently Asked Question)

How Much Is The White Gold Price In Bangladesh?

White gold price is comparatively lower than pure gold. But what is white gold? White gold is a metallic alloy that is made of 75 to 80% gold and 25 to 20% is another material like nickel, palladium, silver, etc. So, what is the price of white gold in Bangladesh?

• 24 Karat/Carat white gold price is around 10,512.07 BDT per Gram.
• 22 Karat/Carat white gold price is around 9,650.08 BDT per Gram.
• 18 Karats/Carat white gold rate in Bangladesh is around 7,884.05 BDT per Gram.
• 14 Karat/Carat white gold price is around 6,149.56 BDT per Gram.

How Many Grams Is 1 Vori Gold In Bangladesh?

In most cases, people also ask how much gram of gold is 1 Vhori. The standard weight is 1 Bhori or Vori gold is around 11.664 grams. Bhori or Vori is the gold measurement unit for South Asian countries. South Asian peoples especially Bangladesh, India, Pakistan, Sri Lanka, and Afghanistan people are habituated to say this gold measurement unit.

What are Bangladesh Jewellery Samity Rules for Gold Price?

Bangladesh Jewellery Samity (BAJUS) is not a profitable organization in Bangladesh. BAJUS set up some rules for Bangladeshi gold traders (wholesale and retailers). According to the BAJUS new rules in 2024, the gold exchange rate has been decided to be 10% and 15% will be deducted while purchasing gold from the customers. What was the previous rule?

BAJUS said the gold exchange rate was 9% and 13% deducted during purchasing from the customers. However, Bangladesh Jewellery Samity also has some additional rules or guidelines that have already been rolled out such as

• BAJUS sets the gold rate in Bangladesh and all the gold business companies or retail gold sellers must adhere to their rule.
• All the gold business owners (wholesale and retail) must follow gold purchase and gold exchange rates.
• The minimum wage is fixed at 5% to 6% for gold purchasing.

Is 24-Karat Gold Available in Bangladesh?

Yes, 24 karat gold is available in Bangladesh. It is a soft gold and the amount is large in Bangladesh. Indeed, karat/Carat refers to the quality of gold. The 21 Karat gold quality is better than 18 karat, 22 Karat gold quality is better than 21 Karat, and 24 karat gold is better than 22 karat as well. 

Can I make ornaments with 24 Karat gold? The 24 Karat gold is too soft and pure. Due to the softness and purity of gold people cannot make ornaments. In that case, for making jewellery, convert 24 karat to 22 Karat gold. This is a strategy that everyone does.  

How much is 22 Karat Gold Price in Saudi Arabia?

Gold price varies from time to time globally. Saudi Arabia is a renowned country for gold buying and selling. They also have pricing variation. However, on 3rd November 2024 the 1 gram of 24K gold price was 331.83 SAR. The 1 gram 22K gold rate was 303.19 Saudi Riyal (SAR). 

But what is the 21K gold rate in Saudi Arabia? The 21 Karat 1 gram gold prices respectively 290.35 SAR. It is noted that gold prices change from time to time. So, follow the latest pricing. 

What is the Current Gold Price in UAE?

Indeed, the UAE is one of the top gold reserve country. The UAE has a reputation for import and export. However, All the countries' gold market prices are almost similar. On 4th November in the United Arab Emirates (UAE), the 1 gram of 24K gold price was 331.50  AED. The 22K gold price in UAE was 307 AED per gram.