Gold prices in Bangladesh have climbed for the eighth consecutive time, with the price of 22-carat gold reaching a new all-time high of Tk 229,431 per bhori (11.664 grams).
Jewellers have increased the price of the precious yellow metal by Tk1,575 to Tk2,29,431 following a hike in the pure gold price 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.
This fresh hike comes just a day after gold reached a record price of Tk2,27,856 per bhori.
As per the new decision, the price of 22-carat gold will now be Tk19,670 per gramme, and 21-carat Tk18,775 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 Tk16,095 a gramme, while that of traditional gold at Tk13,420 per gramme.
New tariffs come into effect on Monday, read the release.
However, prices of silver have remained unchanged.
The price of 22-carat silver is now Tk520 per gramme, 21-carat Tk495, 18-carat Tk425, and traditional one is Tk320 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-pratidin English/ ANI
