Gold Rate in Bangladesh in 1997
In 1997, 24K gold in Bangladesh ended the year at ৳4,952 per bhori, down 16.3% from ৳5,914 at the end of 1996. The international price closed 1997 at $290.20 per troy ounce, and the year-end exchange rate was 45.50 BDT per US dollar. Bangladesh quotes gold per bhori (11.664 g), with 22K and 21K the jewellery standards. The Bangladesh Jewellers Association (BAJUS) sets the official daily rate, which follows the international price converted to taka plus duty and VAT.
Gold Rate in Bangladesh 1997 by Karat and Unit
| Karat | Per Bhori | Per Gram | Per 10 Grams |
|---|---|---|---|
| 24K | ৳4,952 | ৳424.52 | ৳4,245 |
| 22K | ৳4,539 | ৳389.14 | ৳3,891 |
| 21K | ৳4,333 | ৳371.46 | ৳3,715 |
Year-end 1997 international price ($290.20/oz) converted at 45.50 BDT/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in Bangladesh 1997
| Month | USD/oz close | 24K per Bhori (BDT) | 22K per Bhori (BDT) | Month change |
|---|---|---|---|---|
| January | $345.50 | ৳5,895 | ৳5,404 | -6.4% |
| February | $358.60 | ৳6,119 | ৳5,609 | +3.5% |
| March | $348.20 | ৳5,941 | ৳5,446 | -1.0% |
| April | $340.20 | ৳5,805 | ৳5,321 | -2.8% |
| May | $345.60 | ৳5,897 | ৳5,405 | +0.5% |
| June | $334.60 | ৳5,709 | ৳5,233 | -1.8% |
| July | $326.40 | ৳5,569 | ৳5,105 | -2.2% |
| August | $325.40 | ৳5,552 | ৳5,090 | +0.4% |
| September | $332.10 | ৳5,667 | ৳5,194 | +2.3% |
| October | $311.40 | ৳5,313 | ৳4,871 | -7.7% |
| November | $296.80 | ৳5,064 | ৳4,642 | -3.0% |
| December | $290.20 | ৳4,952 | ৳4,539 | -1.4% |
Monthly closes are the international USD price; the BDT columns convert them at the 1997 year-end exchange rate, so intra-year currency moves are not reflected month by month.
1997 vs today
Today 24K gold in Bangladesh is about ৳192,096 per bhori, roughly 38.8× the 1997 year-end price. See the live Bangladesh gold rate.
Frequently asked questions
What was the gold rate in Bangladesh in 1997?
At the end of 1997, 24K gold in Bangladesh was ৳4,952 per bhori and 22K was ৳4,539 per bhori. This is the international year-end price of $290.20 per troy ounce converted at the year-end rate of 45.50 BDT per US dollar.
How much did gold change in Bangladesh during 1997?
Gold fell 16.3% in BDT terms during 1997, from ৳5,914 to ৳4,952 per bhori, while the dollar price moved -21.4%. The difference between the two is the BDT exchange rate.
What is the 1997 gold rate worth compared with today?
Today 24K gold in Bangladesh is about ৳192,096 per bhori, roughly 38.8 times the 1997 year-end price of ৳4,952.