Staff Correspondent:

Bangladesh Jewelers Association (Bajus) has reduced the price of gold by Tk1050 per bhori, to be effective from Sunday.

According to the new price, the price of a bhori of the good quality 22-carat gold will be Tk 1,70,761.

On Saturday, good quality gold was sold for Tk 1,71,811 per bhori.

The Bajus notification stated that the price of pure gold (acid gold) has decreased in the local market. As a result, the new price of gold has been determined considering the overall situation.

According to the new prices, the price of the best quality or 22-carat gold per bhori (11.664 grams) has been fixed at Tk170,761, 21-carat gold per bhori at Tk1,63004 , 18-carat gold per bhori at Tk1 39711 and the price of traditional gold per bhori at Tk115532.

Although the price of gold has increased, the price of silver has remained unchanged.