Gold buyers in Bangladesh woke to cheaper jewellery prices on Saturday, after the country's jewellers' association cut rates for a second day running. The Bangladesh Jewellers Association, known as Bajus, reduced 22-carat gold by Tk5,481 per bhori, with the new prices taking effect at 10am on 31 October 2026, The Business Standard reported. A bhori weighs 11.664 grams, and 22-carat is the highest purity sold as jewellery in the local market. Under the revised list, 22-carat gold now costs Tk217,592 per bhori, including VAT. Bajus said the cut followed a fall in the price of pure, or tejabi, gold in the local market.

The other grades fell in step. Twenty-one-carat gold dropped by Tk5,249 to Tk207,794 per bhori, 18-carat gold fell by Tk4,491 to Tk178,459, and gold sold by the traditional method was cut by Tk3,674 to Tk145,800. Traders Union, reporting the same Bajus revision, added that 22-carat silver was cut by Tk175 to Tk3,499 per bhori.

What shoppers pay now

The Saturday move extends a sharp two-day slide. Traders Union put the combined two-day fall for 22-carat gold at Tk7,114 per bhori, after a Tk1,633 cut the previous day. That pattern of rapid, mechanical adjustments is typical of Bajus pricing, which tracks movements in refined gold rather than local shop demand alone. For households planning weddings or festive purchases, the practical effect is straightforward: the same piece costs noticeably less than it did at the start of the week. For jewellers, however, falling rates squeeze the value of stock bought at higher prices. Bajus has moved rates in both directions through October, so buyers should treat Saturday's price as the association's rate for the day, not a promise about where gold heads next.