Bangladesh · BDT · Tuesday, March 17, 1998
Gold Price in Bangladesh — March 17, 1998
On March 17, 1998, the international gold spot price was $293.80 per troy ounce. Local BDT conversion for Bangladesh requires a verified same-day exchange rate, which isn't currently available for this date — try a nearby trading day using the navigation below.
BDT exchange-rate data is unavailable for this date. The international XAU/USD price is shown below; local-currency conversions for Bangladeshcan't be computed accurately for March 17, 1998 without a verified BDT/USD rate.
BDT / Troy Ounce
—
31.1035 g
BDT / Gram
—
1 g
BDT / Tola
—
11.664 g
All unit prices on March 17, 1998 — Bangladesh
| Unit | Weight | BDT price |
|---|---|---|
| Troy ounce | 31.1035 g | — |
| Gram | 1.0000 g | — |
| 10 grams | 10 g | — |
| Kilogram | 1,000 g | — |
| Tola | 11.664 g | — |
Price action on March 17, 1998
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 1998
Calendar position
Day 76 of 365
Trading day
58th of 284
Position in 1998's range
50% (low $273.40 → high $314.30)
The Bangladesh gold market
Bangladesh's standard retail gold unit is the bhori (1 bhori = 11.664 g, identical to the tola). Prices are set by the Bangladesh Jewellers' Samity (BAJUS). Imports face a tariff regime that pushes retail rates well above international spot, plus jewellery making charges of 5–12%.
Standard quote unit
bhori
Common purity
22K
Currency
BDT (৳)
March 17 in other years — Bangladesh
March 17, 1998 gold price in other countries
How this March 17, 1998 Bangladesh price is calculated
International benchmark. The XAU/USD spot price for March 17, 1998 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $293.80/oz.
Currency conversion. The BDT/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (—) to the USD price — not a year-average or month-end approximation. This makes the ৳ figure on this page accurate to the trading session.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417). We never compound rounding errors by going through intermediate units.
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Bangladesh, add the country-specific levies described in the “Bangladesh gold market” section above. The retail rate at a jeweller in Bangladesh on March 17, 1998 would have been a few percent above this number once those costs are included.
FAQ — Bangladesh gold price on March 17, 1998
What was the gold price in Bangladesh on March 17, 1998?
Bangladesh historical archive for March 17, 1998 — exact prices may be unavailable if the date fell on a market holiday.
What was the 24K gold rate per tola in Bangladesh on March 17, 1998?
Tola-based 24K gold rate computation requires both the day's XAU/USD spot and BDT/USD FX, one of which is missing for this date.
What was the 22K gold rate in Bangladesh on March 17, 1998?
Retail karat rate for this date is unavailable.
How accurate is this number versus what jewellers were quoting?
The ৳ figure on this page is the verified international XAU/USD spot price for March 17, 1998 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in Bangladesh typically sit a few percent above this number.
Was March 17, 1998 a trading day?
Yes — March 17, 1998 was the 58th trading session of 284 for 1998 on the international gold market. Tuesdays are typically active trading days unless they fall on a major holiday.
Want today's rate in Bangladesh? See live gold prices in Bangladesh with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.
Different unit on this same date? The USD-only daily archive for March 17, 1998 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.
Browse the archive. Step through every day of March 1998 in Bangladesh, see the full 1998 archive, or use our tola, gram and karat calculators for live calculations against today's rate.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to BDT at the same day's exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Bangladesh before transacting.