Gold prices in Bangladesh have been reduced once again. The Bangladesh Jewellers Association (BAJUS) announced the new rates at 10:00 am on Wednesday, cutting prices by a maximum of Tk2,741 per bhori. This follows a similar reduction of Tk2,741 per bhori last Friday, bringing the cumulative decrease over the two phases to Tk5,482.

New Rates

According to the revised price list, the price of 22-carat gold per bhori now stands at Tk224,182. The rate for 21-carat gold is Tk214,092 per bhori, while 18-carat gold is priced at Tk183,883 per bhori. Traditional method gold is now set at Tk150,232 per bhori.

Context

Prior to these reductions, gold prices had been increased in three consecutive phases, during which the price of one bhori of high-quality gold jewellery rose by a total of Tk12,072. Despite the latest cuts in gold prices, silver rates remain unchanged, with the current market price for 22-carat silver per bhori (including VAT) staying at its previous level.