Gold price falls again within 24 hours
In a press release issued on Monday night (27 October), Bajus announced that the price of 22-carat gold will now stand at Tk2,04,283 per bhori, effective from Tuesday.
The price of gold in the local market has dropped again within just 24 hours, with the Bangladesh Jewellers Association (Bajus) reducing the rate by Tk3,674 per bhori (11.664 grams).
In a press release issued on Monday night (27 October), Bajus announced that the price of 22-carat gold will now stand at Tk2,04,283 per bhori, effective from Tuesday.
According to the association, the price adjustment was made considering the fall in the price of pure gold (tejabi gold) in the local market.
As per the new rate, the price of 21-carat gold has been set at Tk1,94,999 per bhori, 18-carat at Tk1,67,145 per bhori, and traditional gold at Tk1,38,942 per bhori.
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Bajus said a 5% government VAT and a minimum 6% making charge — determined by the association — must be added to the sale price of gold. However, the making charge may vary depending on the design and quality of jewellery.
Earlier, on 26 October, Bajus reduced gold prices by Tk1,039 per bhori, setting the 22-carat rate at Tk2,07,957 per bhori.
With this latest adjustment, Bajus has revised gold prices 69 times so far this year — increasing them 48 times and reducing them 21 times.
