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Fri, Nov 6, 08:42 UTC UTC
Gold prices fall after three consecutive hikes

After three consecutive price hikes, the Bangladesh Jewellers Association (BAJUS) has decided to reduce gold prices in the domestic market.Under the new rates, the price of 22-carat gold has been cut by Tk 2,741 per bhori (11.664 grams) to Tk
According to the notice, the price of pure gold (Tejabi gold) has declined in the local market.
Considering the overall market situation, the association has revised gold prices accordingly.
The price of 21-carat gold has been set at Tk 216,717, while 18-carat gold will cost Tk 186,099 per bhori.
Before this latest adjustment, BAJUS last revised gold prices on the morning of November 5, raising the price by Tk 5,482 per bhori.
With the latest adjustment, BAJUS has revised gold prices 134 times so far this year.
In 2025, the association revised gold prices a total of 93 times, including 64 increases and 29 decreases.
Meanwhile, silver prices have remained unchanged in the domestic market despite the latest reduction in gold prices.
The price of 21-carat silver stands at Tk 3,383, while 18-carat silver is priced at Tk 2,916.
In 2025, silver prices were adjusted 13 times, with 10 increases and three reductions.
From https://thereport.live/
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GoldCFD analysis
Our headline model reads this story as bearish for gold because of:
- Gold price moving lower
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