Gold price drops again

The Bangladesh Jewellers Association (BAJUS) announced a reduction in gold prices for straight fifth time in April.

The price of 22-carat gold has dropped by Tk315 per bhori.

Following the new reduction, the price for one bhori (11.664 grams) of high-quality 22-carat gold has been set at Tk1,12,615. The previous price was Tk1,12,931.

A press release, signed by Masudur Rahman, chairman of the Price Determination and Price Monitoring Standing Committee of BAJUS, has been issued in this regard on Sunday (April 28).

The new price came into effect from 4pm today.

According to the new prices, the best quality or 22-carat (11.664 grams) gold is Tk1,12,615, 21-carat gold is Tk1,7,495, 18-carat is Tk92,145. The traditional gold price has been increased to Tk76,632.

While the price of gold has increased, the price of silver has been kept unchanged. According to the category, currently, the price of 22-carat silver is Tk2,100, 21-carat is Tk2,006, 18-carat is Tk1,715 and the price of traditional silver is Tk1,283.