Another cut sends gold prices lower
Dhaka, Nov. 14 -- Gold prices in Bangladesh have fallen by another Tk 2,216 per Bhori, taking the four-day decline to Tk 9,331.
The price of 22-carat gold now stands at Tk 217,592 per Bhori, according to the Bangladesh Jewellers Association (BAJUS).
The revised rates took effect nationwide at 10am on Saturday. Prices of other grades were also cut, while silver remained unchanged.
The latest reduction follows three increases totalling Tk 12,072 over four days, which pushed the 22-carat rate to Tk 229,664 on Nov 5.
The price was then cut five times over eight days, bringing the cumulative reduction to Tk 12,072.
Under the new rates, hallmarked 21-carat gold costs Tk 207,794 per Bhori, 18-carat gold Tk 178,459 and traditional-method gol...
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