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Gold prices decline by Tk 2,917 per bhori

Staff Correspondent
26 May 2022 20:13:55 | Update: 26 May 2022 20:27:56
Gold prices decline by Tk 2,917 per bhori
— File Photo

Jewellers in the country on Thursday decreased gold prices by Tk 2,917 to Tk 79,548 a bhori (11.664 grams).

Bangladesh Jewellers’ Association (BAJUS) announced the price fall in all types of gold as the rates went down in the international and local bullion markets, said a press release issued by the association.

The fresh prices are based on decreasing gold prices in the bullion market as well as the fall of the dollar and other currencies owing to the global economic crisis, said BAJUS.

The new prices will be effective from Friday.

According to the new rate, 22-carat gold will cost Tk 79,548, which was Tk 82,465 per bhori.

Besides, the local market will sell 21-carat gold at Tk 75,932 from Tk 78,732 per bhori and 18-carat gold at Tk 65,085 from Tk 67,535 per bhori.

Meanwhile, the price for traditional method gold has been set at Tk 54,237, which was Tk 56,220 per bhori.

However, BAJUS has kept the price of silver unchanged.

Each bhori of 22-carat silver will be sold at Tk 1,516, while 21-carat and 18-carat silver are still available at Tk 1,435 and Tk 1,225 respectively.

Earlier on May 21, the price of 22-carat gold rose by Tk 4,200 to Tk 82,465 per bhori.

On May 10, the prices of gold fell by Tk 1,166 to Tk 76,515 a bhori in the local market.

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