Online Report : The Bangladesh Jewelers Association (Bajus) has announced to reduce the price of gold again by Tk 2,099 per bhori (11.664 grams) after the price of the precious metal drop in the local market.

The new rate is effective from 4:50pm on Wednesday. Bajus has, so far, changed the gold price for 7th time in April.

On Tuesday (April 23), the price of gold has been reduced by Tk 3,138 per bhori.

According to the new pricing, the price of high-quality 22-carat gold is set at Tk 1,14,190 per bhori, 21-carat gold at Tk1,09,000 per bhori, 18-carat gold at Tk 93,428 per bhori, and the traditional method price set at Tk 75,209.

Masudur Rahman, chairman of the Price Determination and Price Monitoring Standing Committee of Bajus, issued a notification of the price reduction.

Though the price of gold has decreased, the price of silver has been kept unchanged.