After raising the price in three consecutive adjustments, the Bangladesh Jewellers Association (BAJUS) has finally reduced the gold price in the domestic market.
In a press release issued on Saturday night, BAJUS announced that the price of 22-carat gold has been cut by Tk 1,890 per bhori (11.664 grams), fixing it at Tk 192,969.
The new rates will come into effect from Sunday.
BAJUS said the price of pure gold (tejabi) has fallen in the local market, prompting the latest adjustment.
As per the new rates, the price of 21-carat gold has been set at Tk 184,198 per bhori, 18-carat at Tk 157,884, and traditional gold at Tk 131,045 per bhori.
Earlier, on September 23, BAJUS last revised gold prices, raising the 22-carat rate by Tk 3,663 per bhori to Tk 194,859 — the highest ever in the country’s market until now.
Prices of silver, however, remained unchanged.
The price of 22-carat silver is now Tk311 per gram, 21-carat Tk296, 18-carat Tk254, and traditional one is Tk191 per gram.
Buyers will also have to pay an additional 5% VAT set by the government, along with a minimum 6% making charge fixed by BAJUS. The making charge may vary depending on design and quality, the release added.
TH
.png "Halim-&-Firni")
