After raising gold price by Tk 4560 per bhori over three occasions in April, the Bangladesh Jeweller’s Association (Bajus) on Saturday announced a decrease of Tk 840 per bhori.

According to the latest announcement Bajus fixed the best quality 22- carat gold price at Tk118,798 per bhori (11.664 grams), effective from 3.30 pm on Saturday (April20).

On Wednesday Bajus announced the 22-carat gold price would be Tk 119,638 per bhori (rising Tk2065 per bhori), which would've been the highest ever. In April Bajus increased gold price thrice so far (April 6, 8, and 18) claiming a price hike in the global market.

Gold prices hit new record high

Masudur Rahman, Chairman of the Price Determination and Price Monitoring Standing Committee of BAJUS issued a notification of the price hike on Saturday.

As per the new price, per bhori (11.664 grams) of 22-carat gold will cost Tk 118,798 as Tk 10,185 per gram. Apart from this, the price of 21-gold has been set at Tk113397 per bhori, 18-carat gold at Tk 97196 per bhori and the traditional method price set at Tk78242.

Gold price goes up by Tk 3,499 per bhori over just two days

Though the price of gold has decreased, the price of silver has been kept unchanged. According to the category, currently, the price of 22-carat silver is Tk2100, 21-carat is Tk2006, 18-carat is Tk1715 and the price of silver in traditional is Tk1283.