The price of gold has reached an all-time high in the country, hitting over Tk1.95 lakh per bhori (11.664 grams).
Jewellers have inflated the price of the precious yellow metal by around Tk2,415 to Tk1,95,384 per bhori due to a hike in the price of pure gold in the local market.
The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Monday.
On 24 September, the price of gold reached a record of Tk1,94,859 per bhori.
As per the new decision, the price of 22-carat gold will now be Tk16,751 per gram, and 21-carat Tk15,989 per gram, read a press release signed by the committee chairman, Masudur Rahman.
The price of 18-carat gold has been fixed at Tk13,705 a gram, while that of traditional gold at Tk11,379 per gram.
New tariffs would come into effect on Tuesday, read the release.
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.
Sourse: Daily Sun
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