TBM Report
Incorporating the newly calibrated value-added tax (VAT) frameworks outlined in the proposed national budget for the 2026-27 fiscal year, the Bangladesh Jewellers’ Association (BAJUS) has officially reduced the consumer prices of gold across all carats by up to BDT 2,216 per bhori. According to the revised retail tariff chart issued by the gold apex body on Saturday, the post-tax price of premium 22-carat gold (equivalent to 11.664 grams) has been set at BDT 226,340 per bhori, scales down from Friday’s high of BDT 228,556. The new pricing structure became fully operational across domestic trading lines starting at 10:00 AM on Saturday.
The fiscal adjustment was finalized during an emergency structural session managed by the BAJUS Standing Committee on Pricing and Price Monitoring on Saturday morning. Under the updated dockets, 21-carat gold will now retail at BDT 216,192 per bhori inclusive of all transactional VAT, while 18-carat gold has been rationalized to BDT 185,691 per bhori. For traditional or unrefined gold matrices, the baseline valuation has been capped at BDT 151,690 per bhori. Financial desk analysts noted that this tactical reduction aligns domestic asset tracking with shifts in broader bullion markets and local compliance adjustments.
Conversely, BAJUS left the pricing metrics for industrial and retail silver entirely unchanged, citing balanced regional supply constraints. The post-tax premium 22-carat silver continues to trade at BDT 5,249 per bhori. Concurrently, 21-carat silver maintains its market peg at BDT 5,016 per bhori, 18-carat sits at BDT 4,257, and the unrefined traditional silver remains anchored at BDT 3,208 per bhori. Merchants verified that physical silver demand inside manufacturing networks has shown uniform stability over the last financial quarter.
The primary catalyst for this price realignment is a landmark structural tax overhaul embedded within the proposed FY 2026-27 national budget. Historically, gold transactions in Bangladesh attracted a flat 5% ad valorem Value Added Tax (VAT) calculated on the gross retail value, which generated friction during periods of high bullion volatility. Responding to persistent corporate advocacy by BAJUS, the government has replaced the percentage-based system with a fixed specific tax of BDT 2,500 per bhori of gold jewelry. This statutory shift allows trade associations to lock in transparent, stable retail prices, safeguarding ordinary consumer purchases against unpredictable mathematical tax inflations.
 frameworks outlined in the proposed national budget for the 2026-27 fiscal year, the Bangladesh Jewellers’ Association (BAJUS) has officially reduced the consumer prices of gold across all carats by up to BDT 2,216 per bhori. According to the revised retail tariff chart issued by the gold apex body on Saturday, the post-tax price of premium 22-carat gold (equivalent to 11.664 grams) has been set at BDT 226,340 per bhori, scales down from Friday’s high of BDT 228,556. The new pricing structure became fully operational across domestic trading lines starting at 10:00 AM on Saturday.){kind=link}