The price of gold has reached an all-time high in the country, hitting over Tk2.22 lakh per bhori (11.664 grams).
Jewellers have increased the price of the precious yellow metal by around Tk3,965 to Tk2,22,082 following a hike in the pure gold price in the local market, reports The Daily Sun.
The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Monday.
This fresh hike comes just a day after gold reached a record price of Tk2,18,117 per bhori.
As per the new decision, the price of 22-carat gold will now be Tk19,040 per gramme, and 21-carat Tk18,175 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 Tk15,580 a gramme, while that of traditional gold at Tk12,980 per gramme.
New tariffs would come into effect on Tuesday, read the release.
Meanwhile, prices of silver have also increased.
The price of 22-carat silver is now Tk425 per gramme, 21-carat Tk405, 18-carat Tk350, and traditional one is Tk260 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.
Bd-patidin English/Lutful Hoque
