Discover the gold price in Bangladesh on February 8, 2023. Stay informed with current rates for smart investment choices.
Today, the gold price in Bangladesh has seen a sharp decline after its recent surge. This is the second time in a month when gold prices have gone down in the country.The price of gold dropped by Tk 7,910 per bhori (one bhori is equal to 11.664 grams) on Monday. This is the largest drop in the gold price in Bangladesh since January.
The gold price in Bangladesh has been rising steadily since the beginning of 2021. In January, the price of gold increased by about Tk 20,000 per bhori, reaching an all-time high of 1 Bhori = Tk.92,262.24
However, the recent increase in the price of gold in Bangladesh was due to a sudden hike in the international market. This was mainly due to the weakening US dollar, which led to an increase in the price of gold on the international market.
The sudden drop in the price of gold in Bangladesh is probably due to the appreciation of the US dollar. The US dollar has been gaining strength against other currencies, which has caused the price of gold to fall on the international market. This, in turn, has resulted in a drop in the gold price in Bangladesh.
The government of Bangladesh has taken various measures to contain the rising price of gold. This includes increasing the import duty on gold and imposing customs duty on imported gold.
The government has also taken steps to ensure that the gold price in Bangladesh remains stable. This includes introducing fixed gold prices and limiting the amount of gold that can be imported into the country.
The recent drop in gold price in Bangladesh is likely to be temporary. The price of gold is expected to rise once the US dollar stabilizes. Until then, gold traders and investors in Bangladesh should take advantage of current low prices and make the most of it.
According to the Bangladesh Jewelers Association (BAJUS), they have also decided to reduce the price of gold due to a slight decline in the price of gold in the international market. The 22 Karat (Twenty-Two-Karat) gold price will now stand at 1 Bhori = Tk.92,262.24. Note that: The Gold price was reduced a few days ago, but the price of Silver has remained unchanged.
Also, the world gold market has decreased. Today February 8, 2023 gold price changed by 1 Ounce= $ 60.28 (1 Ounce = 31.103 grams) and the percentage change was $ +0.08 in the world Gold market. Which is about 1 Ounce = Tk. 6,419.98 in Bangladeshi currency.
| Karat | Gram | Bhori |
|---|---|---|
| 22K Gold | 7910 | 92262.24 |
| 21K Gold | 7550 | 88063.2 |
| 18K Gold | 6470 | 75466.08 |
| Sonaton Go | 5390 | 62868.96 |
According to the new gold rate in bangladesh, 22 Karat gold price is 1 Bhori = Tk.92,262.24. Also, 21 Karat gold price is 1 Bhori = Tk.88,063.20. And, 18 Karat gold price is 1 Bhori = Tk.75,466.08. Sanaton Gold price is 1 Bhori = Tk.62,868.96. The Bangladesh jewelry association said that, The Gold price changes every day depending on the international market price.
| Conversion | Weight |
|---|---|
| Vhori | 0.000 |
| Tola | 0.000 |
| Ounce | 0.000 |
| Kilogram | 0.000 |
| Aana | 0.000 |
| Ratti | 0.000 |
| Masha | 0.000 |