Bangladesh Jewellers Association (Bajus) has again announced a reduction in gold prices in the country's market. The price of the best quality or 22-carat gold per bhori has been reduced by Tk 5,481. As a result, including VAT, the new price of one bhori of this quality gold stands at Tk 217,592. The new price has been effective from 10am today, Saturday (31 October).
Bajus said the decision was taken due to a fall in the price of tejabi or solid gold in the local market. The decision to reduce prices was taken at a meeting of the organization's Standing Committee on Pricing and Price Monitoring. Later, the matter was announced in a circular signed by the committee's chairman, Dr. Dewan Aminul Islam Shahin. It also said that alongside gold, the price of silver in the country's market has been reduced.
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