Gold price cut by 2,741 taka per bhori, 22-carat gold now 224,182 taka per bhori

The Bangladesh Jewellers' Association (BAJUS) has cut gold prices in the local market by 2,741 taka per bhori. The new prices, set on Wednesday (November 11), took effect from 10 am that day.

In a notice, BAJUS said the new prices for gold and silver jewellery were set considering the overall situation after the price of pure gold fell. The decision was taken unanimously at a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring at 9 am on Wednesday.

Under the new rates, 22-carat gold costs 19,220 taka per gram. At 11.664 grams per bhori, the price per bhori stands at 224,182 taka.

For 21-carat gold jewellery, the price has been set at 18,355 taka per gram, which makes the price per bhori 214,092 taka.

For 18-carat gold, the price is 15,775 taka per gram, or 183,999 taka per bhori.

Traditional-method gold jewellery has been priced at 12,880 taka per gram, which makes the price per bhori 150,232 taka.