The Bangladesh Jeweller's Association (Bajus) dropped gold prices on Wednesday within 24 hours.
The price of gold has dropped by Tk2,500 per bhori.
Following the new price, the price for one bhori (11.664 grams) of high-quality 22-carat gold is set at Tk1,14,190. The previous price was Tk1,16,290.
The new price will be effective from 4:50pm on Wednesday.
The apex body of gold traders changed the gold price for the seventh time in April.
Masudur Rahman, Chairman of the Price Determination and Price Monitoring Standing Committee of Bajus, issued a notification of the price cut on Wednesday.
Apart from this, the price of 21-gold has been set at Tk1,09,00 per bhori, 18-carat gold at Tk93,428 per bhori, and the traditional method price set at Tk75,209.
Though the price of gold has decreased, the price of silver has been kept unchanged.
According to the category, currently, the price of 22-carat silver is Tk2,100, 21-carat is Tk2,006, 18-carat is Tk1,715 and the price of traditional silver in traditional is Tk1,283.
