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Gold price dips by Tk1,168 per bhori

Staff Correspondent
27 Feb 2023 00:00:00 | Update: 27 Feb 2023 00:32:25
Gold price dips by Tk1,168 per bhori
Photo Courtesy— Shamsul Haque Ripon

Bangladesh Jewellers Samity (BAJUS) declared to reduce the price of gold by 1.26 per cent, or Tk 1,166 per bhori, on Sunday in line with a fall in the price of the precious metal in the local bullion market.

The new price will come into effect from Monday, said MA Hannan Azad, chairman of Bajus standing committee on fixing and monitoring prices. Earlier on February 4, the price of gold reduced by 1.24 per cent, or Tk 1,166 per bhori.

From now on, the price of one bhori of 22-carat gold (11.664g) will be Tk 91,095, down from Tk 92,263, said a press release.

The price of one bhori of 21-carat gold will be Tk 87,013, down from Tk 88,063 per bhori, and one bhori of 18-carat gold price will be Tk 74,591, down from Tk 75,461 per bhori.

The association had been hiking the price of gold for over three and a half months from October 24, 2022. In mid-January this year, BAJUS hiked the price of gold to Tk 93,429 per bhori, the highest so far in the country’s history.

 

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