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The price of gold has been cut by up to Tk 2,216 per bhori in the country’s market, bringing the price of a bhori of the highest-quality gold down to Tk 2,28,556.
The Bangladesh Jewellers Association (BAJUS) announced the revised prices in a press release on Tuesday. The new rates came into effect from 10am on Tuesday.
According to the revised rates, a bhori (11.664 grams) of 22-carat gold, including VAT, will now cost Tk 2,28,556.
The price of 21-carat gold has been fixed at Tk 2,18,292 per bhori, while 18-carat gold will be sold at Tk 1,87,440 per bhori.
The price of traditional-method gold has been set at Tk 1,53,148 per bhori.
BAJUS has also reduced silver prices alongside gold.
The price of 22-carat silver has been fixed at Tk 4,316 per bhori, while 21-carat silver will cost Tk 4,141, 18-carat silver Tk 3,558 and traditional-method silver Tk 2,683 per bhori.