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. As per the announcement, the new prices took effect from 10:00am. Gold will be sold at the same prices today, Wednesday, as well.
In the notice, Bajus said the decision to fix the new prices was taken at a meeting of the association’s standing committee on pricing and price monitoring at 9:00am.
According to the new prices, the price of the best quality or 22-carat gold jewellery, including VAT, has been fixed at Tk 2,29,081 per bhori (11.664 grams). Earlier, the price was Tk 2,30,772.
The new price of 21-carat gold is Tk 2,18,817 per bhori. Gold of 18 carats will be sold at Tk 1,87,907 per bhori and the new 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. Besides, 21-carat silver is Tk 4,141 per bhori, 18-carat Tk 3,558 per bhori and traditional-method silver Tk 2,683 per bhori.
