Gold prices drop by Tk 2,216 per bhori

Photo: collected

Gold prices in the country have been slashed again, with the price of 22-carat gold, the highest quality available in the local market, reduced by Tk2,216 per bhori (11.664 grams).

The new prices came into effect at 10:00 am on Thursday, according to the Bangladesh Jewellers Association (BAJUS). 

With the latest adjustment, the price of 22-carat gold has been fixed at Tk221,966 per bhori, including VAT.   

BAJUS said the prices were revised downward following a fall in the price of pure gold (tejabi gold) in the local market.

Under the revised rates, the price of 21-carat gold has been reduced by Tk2,100 to Tk211,993 per bhori, while 18-carat gold now costs Tk182,308, down Tk1,575.

The price of traditional-method gold has also been cut by Tk1,458 to Tk148,774 per bhori.