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Gold prices in Bangladesh have been reduced following a fall in the price of pure gold (tejabi gold) in the local market.
The price of 22-carat gold, the highest quality, has been cut by Tk 2,741 per bhori (11.664 grammes).
Jewellers announced the revised prices on Friday morning, which came into effect at 10:00am.
Under the new rates, 22-carat gold now costs Tk 226,923 per bhori, including VAT. The price of 21-carat gold has been reduced by Tk 2,624 to Tk 216,717 per bhori.
The price of 18-carat gold has been cut by Tk 2,274 to Tk 186,099, while traditional-method gold now costs Tk 152,040 per bhori, down Tk 1,808.
On November 5, the price of 22-carat gold was raised by Tk 5,482 to Tk 229,664 per bhori. The prices of 21-carat, 18-carat and traditional-method gold were also increased.
Meanwhile, silver prices remain unchanged. Including VAT, 22-carat silver costs Tk 3,499 per bhori, 21-carat Tk 3,383, 18-carat Tk 2,916 and traditional-method silver Tk 2,216.
With this latest adjustment, gold prices in the country’s market have been revised 134 times so far this year. Prices have been increased 65 times and reduced 69 times.
