At what price is a 'vori' (tola) of gold being sold following the price drop?
BanglaPress Desk: Following three consecutive increases, the price of gold in the domestic market was reduced yesterday, Friday. The price of 22-karat gold has been set at 226,923 Taka per bhori (11.664 grams)—inclusive of VAT—following a reduction of 2,741 Taka per bhori. This new pricing came into effect yesterday morning and remains in place today, Saturday.
Under the new rates, the price for 22-karat gold is 226,923 Taka per bhori (including VAT). Additionally, the price for 21-karat gold has been set at 216,717 Taka per bhori; 18-karat gold at 186,099 Taka per bhori; and gold produced via traditional methods at 152,040 Taka per bhori.
Prior to this, the Bangladesh Jewellers Association (BAJUS) had last adjusted gold prices on the morning of November 5.
On that occasion, the price of 22-karat gold was increased by 5,482 Taka per bhori, bringing the total (including VAT) to 229,664 Taka.
Before that, the Bangladesh Jewellers Association had adjusted gold prices for the third time on the morning of November 5.
Prior to that, effective from 1:45 PM on November 4, the price of the highest-quality (22-karat) gold had been increased by 3,324 Taka per bhori (including VAT). The Bangladesh Jewellers Association had also adjusted gold prices on the morning of November 2.
On that day, the price was increased by 3,266 Taka per bhori.
So far this year, BAJUS has adjusted gold prices in the domestic market 133 times. This includes 65 price increases, 67 price reductions, and one adjustment to the VAT component.
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