The price of gold has reached an all-time high in the country, hitting over Tk2.18 lakh per bhori (11.664 grammes).
Jewellers inflated the price of the precious yellow metal as the price of pure gold has increased 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 Sunday.
On 20 October, the price of gold reached a record of Tk2,17,382 per bhori.
As per the new decision, the price of 22-carat gold will now be Tk18,700 per gramme, and 21-carat Tk17,850 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 Tk15,300 a gramme, while that of traditional gold at Tk12,740 per gramme.
New tariffs would come into effect on Monday, read the release.
However, prices of silver have remained unchanged.
The price of 22-carat silver is now Tk392 per gramme, 21-carat Tk374, 18-carat Tk320, and traditional one is Tk240 per gramme.
Buyers will also have to pay an additional 5 percent VAT set by the government, along with a minimum 6 percent making charge fixed by BAJUS. The making charge may vary depending on design and quality, the release added.
bd-pratidin/GR
