Gold prices drop

Jewellers have decided to decrease gold prices by a little over Tk 1,000 per bhori (11.66 gm) two months after hiking it.

Chief Economics Correspondentbdnews24.com
Published : 24 August 2014, 03:08 PM
Updated : 24 August 2014, 03:16 PM

Bangladesh Jewellers Association, in a press release on Sunday, announced the cut effective from Monday.

Price of per bhori of 22-karat gold has now been fixed at Tk 47,181 against the previous rate of Tk 48,405.60, 21-karat at Tk 45,046.36 against Tk 46,247.76, and 18-karat at Tk 38,456.20 against Tk 39,657.60.

Traditional gold price has been lowered to Tk 26,244 a bhori from Tk 27,410.40.

The association, however, has kept unchanged the price of 21-karat silver at Tk 1,166 a bhori.

Its General Secretary Enamul Haque Khan told bdnews24.com: “We have cut down the gold prices to adjust with the international market.”

BJA, in June, had raised the prices of 22-karat gold by Tk 1,166 to Tk 48,405.60.

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