Gold Prices Rise Again in Bangladesh Amid Local Market Shifts
The Bangladesh Jewellers Association (Bajus) has increased the price of gold in the domestic market for the fourth time this year. The price of 22-carat gold, including VAT, now stands at Tk 2,37,362 per bhori (11.664 grams). This hike was necessitated by a rise in the price of pure gold (tejabi) in the local market.
The new price came into effect from 10am on Thursday morning, and the revised rates will remain effective at all jewellery shops until further notice. Making charges will continue to apply depending on ornament design, but VAT is already included in the sale price of gold and silver ornaments, so it cannot be charged separately from customers.
Along with 22-carat gold, prices of other categories have also been revised. The new price of 21-carat gold has been set at Tk 2,26,690 per bhori, 18-carat gold at Tk 1,94,614 per bhori, and traditional (sanatan) gold at Tk 1,58,980 per bhori, all inclusive of VAT.