Gold keeps breaking records, hits Tk2.34 lakh per bhori

Bangla Press Desk:   The price of gold has reached an all-time high in the country, hitting over Tk2.34 lakh per bhori (11.664 grammes).

Jewellers have increased the price of the precious yellow metal by around Tk2,625 to Tk2,34,680 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 Wednesday.   

On 14 January this year, the price of gold reached a record of Tk2,32,055 per bhori in the country.

As per the new decision, the price of 22-carat gold will now be Tk20,120 per gramme, and 21-carat Tk19,205 per gramme, read a press release signed by the standing committee chairman, Dewan Aminul Islam Shahin.

The price of 18-carat gold has been fixed at Tk16,460 a gramme, while that of traditional gold at Tk13,480 per gramme. 

New tariffs would come into effect on Thursday, read the release.

However, prices of silver have remained unchanged. 

The price of 22-carat silver is now Tk510 per gramme, 21-carat Tk490, 18-carat Tk420, and traditional one is Tk315 per gramme.

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.

BP/TD