Gold price hits record Tk2,29,431 per bhori
With the latest hike, Bajus has increased gold prices eight times in a row.
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 Tk2,29,431 per bhori (11.664 grams) on Sunday (28 December).
Bangladesh Jewellers Association (Bajus) announced that it has increased the price of gold by Tk1,575 per bhori, a decision that will take effect from Monday morning.
Bajus said the latest adjustment was made considering the overall market situation, particularly the rise in the price of pure gold (tejabi gold) in the local market.
Under the new rates, the price of 21-carat gold has been set at Tk2,18,992 per bhori, 18-carat gold at Tk1,87,732 per bhori, and traditional-method gold at Tk1,56,531 per bhori.
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In addition to the selling price, buyers will have to pay a government-mandated 5% VAT and a minimum 6% making charge fixed by Bajus. However, making charges may vary depending on the design and quality of jewellery.
Bajus last revised gold prices on 27 December, when it raised the price of 22-carat gold by Tk1,574 per bhori to Tk2,27,856.
With the latest hike, Bajus has increased gold prices eight times in a row. So far this year, gold prices have been adjusted 91 times in the domestic market — raised on 64 occasions and reduced only 27 times.
Meanwhile, silver prices have remained unchanged in the local market. The price of 22-carat silver stands at Tk6,065 per bhori, while 21-carat silver is selling at Tk5,774 per bhori, 18-carat silver at Tk4,957 per bhori, and traditional-method silver at Tk3,732 per bhori.
