Gold fluctuates 7th time in Apr as Bajus again reduces price


FE Team | Published: April 25, 2024 01:15:40


Gold fluctuates 7th time in Apr as Bajus again reduces price

The Bangladesh Jeweller's Association (Bajus) on Wednesday decrease gold price by Tk2099 per bhori and fixed good quality 22-carat gold price at Tk 114191 per bhori, reports UNB.
With this, the apex body of gold traders changed the gold price for 7th time this month.
The organisation raised the gold price by 5190 in 4 phases on April 6, 8, 18 and 21, while decreased the price by Tk 6077 per bhori in 3 phases on April 20, 23, and 24.
The Bajus increased gold price by Tk1750 on April 6, Tk 1750 on April 8, Tk2065 on April 18, and Tk 630 on April 21. On the other hand, it decreased gold price by Tk 840 on April 20, Tk 3138 on April 23, and Tk 2099 on April 24.
Masudur Rahman, Chairman of the Price Determination and Price Monitoring Standing Committee of Bajus issued a notification of the price cut on Wednesday.
As per the new price, per bhori (11.664 grams) of 22-carat gold will cost Tk 114191 per bhori as Tk 9790 per gram. Apart from this, the price of 21- carat gold has been set at Tk109000 per bhori, 18-carat gold at Tk 93429 per bhori, and the traditional method price set at Tk75209.
Though the price of gold has decreased, the price of silver has been kept unchanged.
According to the category, currently, the price of 22-carat silver is Tk2100, 21-carat is Tk2006, 18-carat is Tk1715 and the price of traditional silver in traditional is Tk1283.

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