Gold price reduced by Tk1,200 per bhori
After a series of hikes, the Bangladesh Jeweller's Association (BAJUS) on Saturday reduced the price of gold by Tk1,198 per bhori.
With the new rate effective from Sunday (5 February), a 22-carat gold will now cost Tk92,231 per bhori, according to a BAJUS release.
BAJUS adjusted the prices of gold and silver in line with a price fall in the local bullion market.
The price of 21-carat gold has dropped to Tk88,033 and 18-carat to Tk80,104 per bhori.
Earlier, on 14 January, the gold price had reached a record high of Tk93,429 per bhori in the country's history.
Besides, the price of 22-carat silver has been reduced to Tk1,714 per bhori, 21-carat to Tk1,632, and 18-carat to Tk1,399 per bhori.
For the traditional method, the prices of gold and silver will cost Tk62,847 and Tk1,049 per bhori respectively.