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Gold selling at this price today after three consecutive cuts

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Gold selling at this price today after three consecutive cuts
Gold prices in the domestic market have fallen for three consecutive times. This time, the price of good-quality 22-carat gold has been reduced by Tk 2,216 per bhori. As a result, on Friday (November 13), buyers will have to spend Tk 221,966 to buy one bhori of 22-carat gold. Bangladesh Jewelers Association (BAJUS) said the new gold rate has been effective since 10 am Thursday (November 12).

According to the new price list set by BAJUS, the price of 22-carat gold is Tk 221,966 per bhori. In addition, 21-carat gold is being sold at Tk 211,993 per bhori. The price of 18-carat gold has been set at Tk 182,075 per bhori. And the price of traditional-method gold stands at Tk 148,774 per bhori.

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Earlier on Wednesday, BAJUS reduced the price of 22-carat gold by Tk 2,741 per bhori. The new price was then set at Tk 224,182. With the latest reduction, the price of 22-carat gold per bhori has fallen by a total of Tk 4,957 in two days. With this, the organization has reduced gold prices in three consecutive phases. In these three phases, the total price of 22-carat gold per bhori has decreased by Tk 7,698. However, before this, gold prices were increased in three consecutive phases. At that time, the price of 22-carat gold per bhori had collectively increased by Tk 12,072.

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On the other hand, although gold prices have fallen in the market, silver prices have not changed. The precious metal is being sold in the domestic market at the previously fixed prices. Currently, the price of 22-carat silver is Tk 3,499 per bhori, including VAT. Alongside, 21-carat silver is being sold at Tk 3,383 per bhori. The price of 18-carat silver is Tk 2,916 per bhori and the price of traditional-method silver has been fixed at Tk 2,216 per bhori.

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