After four consecutive hikes, the Bangladesh Jewellers Association (BAJUS) has reduced gold prices by Tk 5,447 per bhori, bringing the new rate for 22-carat gold to Tk 208,272 per bhori.
The revised prices will take effect from Sunday, the association said in a statement on Saturday night (November 15).
BAJUS said the price cut follows a decline in the local market rate of pure (tejabi) gold, prompting a fresh adjustment based on overall market conditions.
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As per the new pricing, one bhori (11.664 grams) of 22-carat gold will cost Tk 208,272.
Meanwhile, 21-carat gold will be sold at Tk 198,801 per bhori, 18-carat at Tk 170,399, and traditional method gold at Tk 141,718 per bhori.
The association noted that a mandatory 5% government-set VAT and a minimum 6% making charge set by BAJUS must be added to the selling price, though making charges may vary depending on design and craftsmanship.
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With this latest adjustment, gold prices have been revised 77 times this year—53 increases and 24 decreases.
Despite the drop in gold prices, silver rates remain unchanged, with 22-carat silver selling at Tk 4,246 per bhori.