The Bangladesh Jewelers Association (BAJUS) has lowered the price of gold by Tk 1,890 per bhori for the local market.
The decision was made by the Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewelers Association during a meeting in Dhaka on Monday, according to a statement from the association.
The new rate will be effective from tomorrow (Tuesday, November 26), it added.
According to the new price, the good quality 22-carat gold will be sold at Tk 140,376, down from Tk 142,266 earlier.
The price of 21-carat solid gold is Tk133,996 per bhori, 18-carat is Tk114,855 per bhori and traditional gold price is Tk 94,326.
The price of gold has decreased but the price of silver has been kept unchanged.
By category, currently, a bhori of 22-carat silver price is Tk2,577, 21-carat price is Tk2,449, 18-carat price is Tk2,111, and traditional method silver price is Tk1,586.
(1 bhori = 11.664 grams)