Biz-Econ

Gold price cut by Tk 3,453 per bhori

The Bangladesh Jeweler’s Association, BAJUS, has lowered the price of 22 carat gold by Tk 3,453 to Tk 1,38,798 per bhori.

Besides, 21-carat gold was reduced by Tk 3,301 to 1,32,398 a bhori (11.664 grams), 18-carat by Tk 2,822 to Tk 1,13,491, and gold of traditional method by Tk 2,415 to Tk 93,160 respectively, BAJUS said in a statement on Thursday (November 7).

The association said it cut the prices following a decrease in the price of pure gold in the local market.

The new prices will come into effect from Friday (November 8).

Earlier on October 31, BAJUS hiked the price of 22 carat gold by Tk 1,43,526 per bhori, the highest rise in the country's history so far.

MAS/MSU