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Gold and silver prices have decreased again in the local market. The Bangladesh Jewellers’ Association (BAJUS) has announced a reduction of Tk 4,432 per bhori for gold and Tk 58 for silver.
The organization stated that these new prices became effective from Friday, June 12.
In a BAJUS press release, it was mentioned that the new prices have been set considering the overall situation, following a decrease in the prices of acid-tested gold and pure silver in the local market.
According to the new rates, 22-carat gold is now being sold at Tk 2,18,350 per bhori in the country’s market. Furthermore, the price for 21-carat gold has been set at Tk 2,08,436, 18-carat gold at Tk 1,78,692, and traditional method gold at Tk 1,45,508.
Previously, on June 10, BAJUS had adjusted gold prices, setting 22-carat gold at Tk 2,22,782 per bhori. The new decision further reduces that price by Tk 4,432.
Alongside gold, silver prices have also been reduced. Under the new rates, 22-carat silver is being sold at Tk 4,841 per bhori, 21-carat silver at Tk 4,607, 18-carat silver at Tk 3,966, and traditional method silver at Tk 2,974.
According to BAJUS data, gold prices have been adjusted a total of 73 times so far this year, with prices increasing 37 times and decreasing 36 times. Silver prices, on the other hand, have been adjusted 44 times, with prices increasing 22 times and decreasing 22 times.