Photo: Collected
The Bangladesh Jewellers Association (Bajus) has announced a cut in gold prices in the domestic market. The price of gold jewellery, including VAT, has been reduced by up to Tk 1,691 per bhori.
Bajus gave this information in a notice on Monday. The new prices took effect from 10:00am today.
The notice said the decision to fix the new prices was taken at a meeting of the Bajus standing committee on pricing and price monitoring at 9:00am today.
According to the new price list, the price of the best quality or 22-carat gold jewellery, including VAT, stands at Tk 2,29,081 per bhori (11.664 grams), which was Tk 2,30,772 yesterday.
The new price of 21-carat gold is Tk 2,18,817 per bhori. Gold of 18 carats will from now on be sold at Tk 1,87,907 per bhori and the price of traditional-method gold is Tk 1,53,498 per bhori.
Although gold prices have fallen, silver prices remain unchanged. The price of one bhori of 22-carat silver is Tk 4,316, 21-carat Tk 4,141 per bhori, 18-carat Tk 3,558 per bhori and traditional-method silver Tk 2,683 per bhori.
