Gold prices have fallen again

ছবিঃ সংগৃহীত

News Desk:
Gold prices have dropped again in the domestic market. This time, the price of 22-carat gold per bhori (11.664 grams) has been reduced by Tk 1,364, bringing it to Tk 206,908. The new price will take effect from Wednesday, 19 November.

The Bangladesh Jewellers Association (BAJUS) announced this information in a statement on Tuesday night (18 November).

The statement noted that the price of locally traded pure gold (tejabi gold) has decreased. Considering the overall market situation, the new gold prices have been set accordingly.

According to the revised prices:

• 22-carat gold: Tk 206,908 per bhori

• 21-carat gold: Tk 197,495 per bhori

• 18-carat gold: Tk 169,291 per bhori

• Traditional gold: Tk 140,761 per bhori

BAJUS also stated that the government-mandated 5% VAT and the minimum labor charge of 6% set by BAJUS must be added to the selling price of jewelry. However, labor charges may vary depending on the design and quality of the jewelry.

Previously, on 15 November, BAJUS had adjusted gold prices, reducing the 22-carat gold per bhori by Tk 5,447, setting the price at Tk 208,272. The prices for other categories at that time were:

• 21-carat gold: Tk 198,801 per bhori

• 18-carat gold: Tk 170,399 per bhori

• Traditional gold: Tk 141,718 per bhori

These prices had come into effect on 16 November.

Although gold prices have decreased, silver prices remain unchanged in the domestic market. The current rates are:

• 22-carat silver: Tk 4,246 per bhori

• 21-carat silver: Tk 4,047 per bhori

• 18-carat silver: Tk 3,476 per bhori

• Traditional silver: Tk 2,601 per bhori