Bangladesh drafts revised gold policy
Analysis based on 7 articles · First reported Aug 06, 2026 · Last updated Aug 07, 2026
The policy is expected to increase legal gold imports and government revenue while reducing smuggling, potentially stabilizing domestic gold prices. Formalization may benefit the jewellery industry through lower raw material duties and improved competitiveness, but could also impose new compliance costs on traders.
On August 6, 2026, the Bangladesh — Ministry of Commerce (Bangladesh) held a meeting to discuss the draft 'Gold Policy 2018 (Revised) 2026', aiming to formalize the country's largely informal gold sector. Commerce Minister Khandaker Abdul Muktadir directed all relevant agencies and stakeholders to submit written feedback by August 9. The policy seeks to bring the gold trade under a legal and institutional framework, increase transparency, boost legal imports, enhance revenue collection, and promote local jewellery manufacturing and exports. It also aims to align domestic gold prices with international rates to curb smuggling. The government will review regulatory frameworks of India and other jewellery-exporting countries before finalizing the policy.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard