Dhaka:Gold prices in the domestic market have been reduced by the Bangladesh Jewellers Association (BAJUS), with a significant cut of Tk 3,266 per bhori for 22-carat gold, now priced at Tk 228,031.
According to United News of Bangladesh, this price adjustment took effect from 10am on Tuesday. BAJUS stated that the revision was made in response to a decline in the price of pure (tejabi) gold in the local market, as decided by the association's Standing Committee on Pricing and Price Monitoring.
With the revised rates, 21-carat gold is now available at Tk 217,767 per bhori, reflecting a decrease of Tk 3,149. Meanwhile, the price of 18-carat gold has been reduced by Tk 2,683 to Tk 187,032, and traditional-method gold is now priced at Tk 152,798 per bhori, a reduction of Tk 2,158.
This change follows the last increase on October 9, where 22-carat gold was priced at Tk 231,297 per bhori, marking a rise of Tk 2,216. The current reduction comes just four days after the previous adjustment.
Additionally, BAJUS has lowered prices for silver ornaments. The cost of a bhori of 22-carat silver is now Tk 4,199, down by Tk 117. The price of 21-carat silver has decreased by Tk 175, now at Tk 4,966 per bhori, and 18-carat silver is reduced by Tk 117, priced at Tk 3,441. Traditional-method silver is now Tk 2,624 per bhori, a reduction of Tk 59.