Gold prices drop by Tk 1,166

The new rates will be effective from today

Jewellers have cut the prices of gold by Tk 1,166 per bhori after the prices went up several times this year.

‪Bangladesh Jewellers' Association (BJS) in a media statement on Tuesday also said the per bhori price of silver will remain unchanged.

It said the new rates will be effective from Wednesday.

After the latest drop, a bhori of 22-carat or best quality gold will now cost Tk ‪73,133.

A bhori of 21-carat gold will now cost Tk 69,984, 18-carat Tk 61,236 and traditional gold Tk 50,913.

‪BJS President Enamul Haque Khan said the prices of the precious yellow metal in the local market have been adjusted to the slide in the international market.