Gold prices in Bangladesh have fallen for the fifth consecutive time, bringing welcome relief to local buyers.
The Bangladesh Jewellers Association (BAJUS) cut the price of 22-carat gold by Tk 2,216 per bhori (11.664 grams), setting the new rate at Tk 2,17,592—including VAT. The revised prices took effect on Saturday, November 14.
According to a BAJUS press release, the Standing Committee on Pricing and Price Monitoring made the decision following a drop in the price of pure (Tejabi) gold in the local market. Just a day earlier on Friday, the association had lowered 22-carat gold by Tk 2,115 to Tk 2,19,808 per bhori.
Under the new rates, the updated gold prices per bhori (including VAT) are 22-carat: Tk.2,17,592, the 21-carat: Tk.2,07,794, the 18-carat: Tk.1,78,459 and the Traditional method: Tk.1,45,000.
Despite the continuous decline in gold rates, silver prices remain unchanged across the country. Currently, 22-carat silver sells at Tk.3,499 per bhori, 21-carat at Tk.3,383, 18-carat at Tk.2,916, and traditional silver at Tk.2,216.
