Breaking a brief streak of two successive price reductions, the Bangladesh Jewellers Association (BAJUS) has increased gold rates across the domestic market on Tuesday, setting the revised cost of 22-carat gold at BDT 2,21,441 per bhori, with VAT included.

In a formal announcement released in the morning, BAJUS explained that the upward adjustment was prompted by an increase in the market price of pure gold locally, confirming that the updated tariff structure took effect starting at 10 am on the same day.

Under the newly implemented rates, 21-carat gold has been priced at BDT 2,11,468 per bhori, 18-carat gold stands at BDT 1,81,608 per bhori, and traditional-method gold will retail at BDT 1,48,366 per bhori, with all quoted figures already incorporating applicable VAT.

BAJUS clarified that these revised rates will be uniformly enforced across all retail jewelry establishments until a subsequent notification is issued, though crafting or making charges will still be added based on the intricacy and design of individual items.

Because the sales tax is built directly into the official retail price for both gold and silver jewelry, merchants are strictly prohibited from assessing VAT as a separate charge to consumers.

The trade body further noted that its standard regulations regarding the trade-in and buy-back of jewelry items—which deduct making charges, stone valuations, and designated VAT amounts—will stay fully intact without modification.

The latest market intervention follows the association's previous pricing update on the morning of July 14, during which the price of 22-carat gold was trimmed by BDT 2,158 to land at BDT 2,19,808 per bhori, including VAT.

Over the course of 2026 thus far, domestic gold prices have undergone a total of 92 recalibrations, marked by 44 rate increases, 47 price drops, and a single adjustment specifically concerning VAT.

In contrast to the rising gold market, silver prices held steady across all grades.

At present, 22-carat silver continues to trade at BDT 4,607 per bhori, 21-carat silver is priced at BDT 4,374 per bhori, 18-carat silver stands at BDT 3,791 per bhori, and traditional silver remains fixed at BDT 2,858 per bhori.