Gold prices fall again

Dhaka: Gold prices in Bangladesh have been reduced for the second time this month, as the Bangladesh Jewelers Association (BAJUS) adjusted rates following a decline in local bullion prices.

Under the latest revision, the price of 22-carat gold has been cut by BDT 6,591 per bhori, bringing it down to BDT 222,782. The new rates took effect from June 10.

Other categories have also been adjusted, with 21-carat gold set at BDT 212,635 per bhori and 18-carat gold priced at BDT 182,250. Traditional gold has been fixed at BDT 148,424 per bhori.

BAJUS said, the decision reflects movements in the domestic price of pure gold, prompting frequent adjustments in line with market conditions. This marks the second reduction within a week, following a previous cut on June 6.

So far this year, gold prices in Bangladesh have been revised 72 times, with both increases and decreases occurring almost evenly.

Silver prices were also lowered in the latest update. The 22-carat silver rate has been reduced by BDT 350 per bhori to BDT 4,899, while other categories now range between BDT 3,033 and BDT 4,666 per bhori depending on purity.