Jewellers have lowered the price of gold by Tk 1,750 to Tk 1, 08125 per bhori in the market in Bangladesh.

The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting on Wednesday.

The price of 22-carat gold is now Tk 9,270 per gram, while it is Tk 8,850 for 21-carat gold, said a press release signed by committee chairman MA Hannan Azad.

The price of 18-carat gold has been fixed at Tk 7,585 a gram, while that of traditional gold is at Tk 6,320 a gram. The new tariff will come into effect on Thursday, the release added.

The price of 22-carat silver is Tk 147 per gram, Tk 140 for 21-carat silver, Tk 120 for 18-carat silver, and Tk 90 for traditional silver.