Gold Prices Fall Amid Global Market Volatility

Amid ongoing global economic uncertainties, gold prices in Bangladesh have once again experienced a decline. For the second consecutive adjustment, the Bangladesh Jewellers’ Association (BAJUS) has reduced the price of the precious metal, cutting the rate per tola by 3,266 taka. The updated rates were announced on Monday morning, 9 March, and will be effective for sales on Tuesday, 10 March 2026.

Current Gold Rates

According to the official BAJUS notification, the price of 22-carat gold has been set at 264,947 taka per tola (11.664 grams). This decrease reflects changing market conditions and a slight correction following a period of sustained price increases over the past fortnight. BAJUS noted that the local market for pure gold, or “tejabi gold,” experienced a price adjustment in line with global fluctuations and domestic demand considerations.

Market Trends and Historical Context

Over the past two weeks, gold prices had risen six times consecutively, driven by global economic tensions, fluctuating US dollar strength, and rising demand for safe-haven assets. However, the latest adjustments mark a downward correction, with prices declining in two consecutive sessions.

So far in 2026, the Bangladeshi gold market has seen a total of 38 price revisions. Of these, prices were increased 24 times and reduced on 14 occasions, indicating a highly volatile market influenced by both domestic and international factors.

Economists and jewellery market analysts attribute the current drop to a combination of factors, including easing of temporary global inflation pressures, stabilisation in international gold futures, and reduced demand from local investors in recent days. Despite the decline, gold remains a popular investment and a traditional store of value for households and retailers across the country.

Consumer Guidance

For consumers, the reduction in gold prices offers a brief window of opportunity for purchases. Jewellery retailers are expected to adjust their sales strategies accordingly, often reflecting slight variations between wholesale and retail pricing. BAJUS advises buyers to consult certified jewellers to ensure accurate measurement and pricing per tola.

Industry observers note that while short-term fluctuations are common, long-term trends in gold pricing will likely continue to respond to global economic developments, including inflation rates, currency valuations, and geopolitical uncertainty.

The recent downward correction in gold prices is therefore seen as a temporary adjustment in an otherwise bullish market over the first quarter of 2026, highlighting the ongoing interplay between international economic conditions and domestic jewellery market dynamics.