Dhaka, Nov 12 (V7N)- Gold prices have fallen for the third consecutive time in Bangladesh's domestic market, with the Bangladesh Jewellers Association (BAJUS) announcing a fresh price reduction on Thursday.
The revised rates, reflecting a decline in the price of pure gold, came into effect at 10am on November 12.
According to the new price list, the price of 22-carat gold has been reduced by Tk 2,216 per bhori (11.664 grams) to Tk 221,966.
The price of 21-carat gold has been cut by Tk 2,100 to Tk 211,993 per bhori, while 18-carat gold has fallen by Tk 1,570 to Tk 182,308. The price of traditional gold has been reduced by Tk 1,458 to Tk 148,774 per bhori.
BAJUS previously announced gold price reductions on November 6 and November 11. Before that, prices had increased on November 2, 4 and 5, with the cumulative rise in the price of high-quality gold jewellery amounting to Tk 12,072 per bhori.
Meanwhile, silver prices have remained unchanged despite the successive reductions in gold prices.
The price of 22-carat silver, including VAT, remains Tk 3,499 per bhori. The rates for 21-carat, 18-carat and traditional silver stand at Tk 3,383, Tk 2,916 and Tk 2,216 per bhori, respectively.
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