The country’s jewellers authority has lowered the price of gold by Tk 1,166.4 to Tk 77,216 per bhori (11.664 grams) in the domestic market.

Following fall in gold price in the international market, Bangladesh Jeweller’s Association (BAJUS) issued a press release announcing the new price on Sunday.

The new price came at a meeting of BAJUS Standing Committee on Pricing and Price Monitoring. The decision will come into effect on Monday.

The price of 22-karat gold has decreased to Tk 77,216 per bhori per bhori; 21-karat gold to Tk 73,716; 18-karat gold to Tk 63,219; and traditional gold to Tk 52,721.

The price of 22-karat silver has been fixed at Tk 1,516 per bhori; 21-karat silver at Tk 1,435; 18-karat silver at Tk 1,225 and traditional silver at Tk 933 per bhori.