Dhaka:The Bangladesh Jewellers Association (BAJUS) has announced another reduction in gold prices, cutting the price of 22-carat gold by Tk 2,216 per bhori (11.664 grams) to Tk 217,592, including VAT.
According to United News of Bangladesh, the new pricing took effect at 1000 am on Saturday, prompted by a decrease in the price of pure gold (tejabi gold) in the local market, as stated by BAJUS.
This latest reduction is part of a series of recent price cuts. Gold prices were previously reduced by Tk 2,158 per bhori on Friday, Tk 2,216 on November 13, Tk 2,741 on November 11, and another Tk 2,741 on November 6. Under the revised rates, the price of 21-carat gold has been decreased by Tk 2,100 to Tk 207,794 per bhori, while 18-carat gold is now priced at Tk 178,459, a drop of Tk 1,808 per bhori.
Additionally, the price of traditional-method gold has been cut by Tk 1,516 to Tk 145,800 per bhori. Previously, the price of 22-carat gold was Tk 219,808 per bhori, and 21-carat gold was sold at Tk 209,894. The prices of 18-carat and traditional-method gold were Tk 180,267 and Tk 147,316 per bhori, respectively, until Saturday.
Despite the reductions in gold prices, silver prices have remained stable. Under the current rates, 22-carat silver costs Tk 3,499 per bhori, while 21-carat silver is priced at Tk 3,383. The prices of 18-carat and traditional-method silver stand at Tk 2,916 and Tk 2,216 per bhori, respectively.