Gold Rate in Bangladesh in 2003
In 2003, 24K gold in Bangladesh ended the year at ৳9,195 per bhori, up 22.0% from ৳7,539 at the end of 2002. The international price closed 2003 at $416.30 per troy ounce, and the year-end exchange rate was 58.90 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 2003 by Karat and Unit
| Karat | Per Bhori | Per Gram | Per 10 Grams |
|---|---|---|---|
| 24K | ৳9,195 | ৳788.34 | ৳7,883 |
| 22K | ৳8,429 | ৳722.64 | ৳7,226 |
| 21K | ৳8,046 | ৳689.80 | ৳6,898 |
Year-end 2003 international price ($416.30/oz) converted at 58.90 BDT/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in Bangladesh 2003
| Month | USD/oz close | 24K per Bhori (BDT) | 22K per Bhori (BDT) | Month change |
|---|---|---|---|---|
| January | $367.50 | ৳8,117 | ৳7,441 | +3.0% |
| February | $347.50 | ৳7,676 | ৳7,036 | -3.2% |
| March | $334.90 | ৳7,397 | ৳6,781 | -1.7% |
| April | $336.80 | ৳7,439 | ৳6,819 | +0.7% |
| May | $361.40 | ৳7,983 | ৳7,317 | +1.6% |
| June | $346.00 | ৳7,642 | ৳7,006 | -2.9% |
| July | $354.80 | ৳7,837 | ৳7,184 | +1.1% |
| August | $378.40 | ৳8,358 | ৳7,662 | +5.2% |
| September | $388.00 | ৳8,570 | ৳7,856 | +2.4% |
| October | $386.30 | ৳8,533 | ৳7,821 | +0.7% |
| November | $403.00 | ৳8,901 | ৳8,160 | +3.4% |
| December | $416.30 | ৳9,195 | ৳8,429 | +2.3% |
Monthly closes are the international USD price; the BDT columns convert them at the 2003 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2003 vs today
Today 24K gold in Bangladesh is about ৳191,358 per bhori, roughly 20.8× the 2003 year-end price. See the live Bangladesh gold rate.
Frequently asked questions
What was the gold rate in Bangladesh in 2003?
At the end of 2003, 24K gold in Bangladesh was ৳9,195 per bhori and 22K was ৳8,429 per bhori. This is the international year-end price of $416.30 per troy ounce converted at the year-end rate of 58.90 BDT per US dollar.
How much did gold change in Bangladesh during 2003?
Gold rose 22.0% in BDT terms during 2003, from ৳7,539 to ৳9,195 per bhori, while the dollar price moved 19.9%. The difference between the two is the BDT exchange rate.
What is the 2003 gold rate worth compared with today?
Today 24K gold in Bangladesh is about ৳191,358 per bhori, roughly 20.8 times the 2003 year-end price of ৳9,195.