Gold Prices Reduced by Tk 1,633 per Bhori in Bangladesh

PNN News Desk | Dhaka

After two consecutive rounds of price increases, the Bangladesh Jewellers Association (BAJUS) has reduced gold prices in the country's domestic market.

Under the revised rates, the price of 22-carat gold has been reduced by Tk 1,633 per bhori. Prices of other categories of gold and silver have also been lowered.

BAJUS announced that the new prices came into effect at 10:00 am on Friday.

Under the revised rates, one bhori of hallmarked 22-carat gold is now being sold at Tk 223,074. The price per gram has been set at Tk 19,125.

According to the new price list, 21-carat gold is priced at Tk 213,043 per bhori. The price of 18-carat gold has been fixed at Tk 182,950 per bhori, while traditional-method gold is now priced at Tk 149,474 per bhori.

Previously, the price of 22-carat gold stood at Tk 224,707 per bhori.

Under the revised rates, the price of 21-carat gold has decreased by Tk 1,575 per bhori, while 18-carat gold has become cheaper by Tk 1,341. The price of traditional-method gold has been reduced by Tk 1,108 per bhori.

In a press release, BAJUS stated that the price of locally marketed Tejabi gold, which refers to pure gold, had declined.

The association said the revised gold prices had been determined after considering the overall market situation.