Gold prices down by Tk 1,166 per bhori

Jewellers in the country have decreased gold prices by Tk 1,166 per bhori.

Bangladesh Jewellers’ Association (BAJUS) came up with the decision on Sunday after the rates fell in the international and local bullion markets.

The revised prices will be effective from Monday, said a press release issued by the association.

According to the new rate, 22-carat (11.664gm) gold will cost Tk 77,216 per bhori.

Under the new rates, the local markets will sell 21-carat gold at Tk 73,716 per bhori and 18-carat gold at Tk 63,219 per bhori.

ALSO READ — Gold prices fall by Tk 1,166 per bhori

Meanwhile, the price for traditional method gold has been set at Tk 52,721 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.

BAJUS has urged all jewellery businesses in the country to sell gold at new rates until further notice.

Earlier on July 6, the prices of gold fell by Tk 1,166 a bhori in the local market.