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 a bhori.
BAJUS gave this information in a notice on Monday. The new prices took effect from 10am that day. Gold will be sold at the same prices today as well.
In the notice, BAJUS said the decision to fix the new prices was taken at a 9am meeting of the organisation’s standing committee on pricing and price monitoring.
According to the new prices, the price of the best quality or 22-carat gold jewellery, including VAT, has been fixed at Tk 229,081 per bhori (11.664 grams). The price was Tk 230,772 the day before.
The new price of 21-carat gold is Tk 218,817 per bhori. 18-carat gold will be sold at Tk 187,907 per bhori and the new price of traditional-method gold is Tk 153,498 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 costs Tk 4,141 per bhori, 18-carat Tk 3,558 per bhori and traditional-method silver Tk 2,683 per bhori.
