The price of gold in Bangladesh has been reduced slightly, with the cost of a bhori (11.664 grams) of the highest quality 22-carat gold dropping by Tk 1,773 to Tk 1,38,498.
The adjustment comes in response to a decline in the price of tejabi gold (pure gold) in the local market, as announced by the Bangladesh Jewelers' Association (BAJUS).
The new prices will take effect on Sunday (December 15), according to a BAJUS notification signed by Masudur Rahman, chairman of its Pricing and Price Monitoring Committee.
New gold prices
Following the revision, the prices per bhori are as follows:
22-carat gold: Tk 1,38,498 (down by Tk 1,773)
21-carat gold: Tk 1,32,200 (down by Tk 1,703)
18-carat gold: Tk 1,13,316 (down by Tk 1,458)
Traditional gold: Tk 93,020 (down by Tk 1,237)
This reduction follows two price hikes earlier in the week, on December 10 and 12.
Previous price increases
On December 12, the price of 22-carat gold was raised by Tk 1,878 to Tk 1,40,271 per bhori. The price of 21-carat gold rose by Tk 1,808 to Tk 1,33,903, while 18-carat gold increased by Tk 1,540 to Tk 1,14,774. Traditional gold prices were also adjusted upward by Tk 1,318 to Tk 94,257.
Silver prices remain unchanged
While gold prices have seen fluctuations, silver prices remain steady. The current prices for silver per bhori are as follows:
22-carat silver: Tk 2,578
21-carat silver: Tk 2,449
18-carat silver: Tk 2,111
Traditional silver: Tk 1,586