The Bangladesh Jewellers Association (Bajus) has announced a further decrease in gold prices, lowering the rate by Tk2,403 per bhori.
As a result, the price of 22-carat gold is now set at Tk150,967 per bhori (11.664 grams), down from Tk153,370, according to a press release on Thursday.
Gold price keeps soaring to new heights, having cleared Tk 1.5 lakh per bhori
The revised prices will come into effect on Friday.
This is the second price reduction in February, following five consecutive price hikes earlier in the month.
Bajus hikes gold price for third time in February
According to Bajus, the updated gold prices per bhori, effective from Friday, are as follows:
21-carat gold: Tk144,097
18-carat gold: Tk123,510
Traditional gold: Tk101,722
Silver prices remain unchanged. The rates per bhori are:
22-carat silver: Tk2,578
21-carat silver: Tk2,449
18-carat silver: Tk2,111
Traditional silver: Tk1,586
Previously, Bajus had reduced gold prices on February 23, which took effect on February 24. These prices were in place until the latest adjustment.