The price of gold in the country has been slightly reduced, with the rate of the highest-quality 22-carat gold falling by Tk 5,482 per bhori (11.664 grams), bringing the new price to Tk 241,445 per bhori.
According to the Bangladesh Jewellers Association (BAJUS), the reduction follows a decline in the local market for refined gold. The new rates came into effect at 10:00 am on Wednesday, March 25.
The decision was made during a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring on Thursday. A notice signed by the committee chairman, Dr Dewan Aminul Islam Shahin, confirmed the revised prices.
Earlier, on March 19, the price of high-quality gold was reduced twice, totaling Tk 15,338 per bhori. Now, just a week later, prices have been reduced slightly again. The new price of 21-carat gold is Tk 230,481 per bhori, 18-carat gold Tk 197,530 per bhori, and traditional gold Tk 160,905 per bhori.