Gold Prices Decrease Again in Local Market

Gold and silver prices have decreased again in the local market. The Bangladesh Jewellers’ Association (BAJUS) has announced a reduction of Tk 4,432 per bhori for gold and Tk 58 for silver.

The organization stated that these new prices became effective from Friday, June 12.

In a BAJUS press release, it was mentioned that the new prices have been set considering the overall situation, following a decrease in the prices of acid-tested gold and pure silver in the local market.

Read More:  XRP aims for $0.90 as ETF demand battles selling pressure from whales

According to the new rates, 22-carat gold is now being sold at Tk 2,18,350 per bhori in the country’s market. Furthermore, the price for 21-carat gold has been set at Tk 2,08,436, 18-carat gold at Tk 1,78,692, and traditional method gold at Tk 1,45,508.

Previously, on June 10, BAJUS had adjusted gold prices, setting 22-carat gold at Tk 2,22,782 per bhori. The new decision further reduces that price by Tk 4,432.

Read More:  AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid

Alongside gold, silver prices have also been reduced. Under the new rates, 22-carat silver is being sold at Tk 4,841 per bhori, 21-carat silver at Tk 4,607, 18-carat silver at Tk 3,966, and traditional method silver at Tk 2,974.

According to BAJUS data, gold prices have been adjusted a total of 73 times so far this year, with prices increasing 37 times and decreasing 36 times. Silver prices, on the other hand, have been adjusted 44 times, with prices increasing 22 times and decreasing 22 times.

Read More:  Tamim Iqbal Elected Director with Highest Votes in BCB Election

Facebook Comments Box
spot_img

Explore more

spot_img

Shooting on Argentina Supporters in USA, 1 Dead

2 One person has been killed and four others injured in a series of shootings in Kansas City, Missouri, USA. Among the injured is an...

Europe’s MiCA July deadline puts Binance access and USDT liquidity on...

Europe’s crypto rulebook is squeezing much of the industry before it has even fully taken effect, with Binance and Tether as the most visible...

CME Move To Sue CFTC Over Crypto Perp Futures: Here’s Why

Bad News for Salman Fans

1 Akshay Kumar’s highly anticipated comedy film ‘Welcome to the Jungle’ is set to release in theaters on June 26. The film has generated immense...

Stablecoins Dry Powder as Exchange Supply Shrinking

16 Dead in Israeli Strikes in South Lebanon

1 At least 16 people have been killed in Israeli airstrikes and shelling in Lebanon’s Nabatiyeh district. Lebanon’s state news agency NNA reported that several...

Crypto PACs are helping Senators win US primaries faster than the...

Fairshake, the crypto industry's flagship super PAC, put more than $12 million behind Barry Moore's run for an open Alabama Senate seat, the largest...