Gold prices in Bangladesh fell by Tk 1,692 per bhari on Thursday, with the price of 22-carat gold set at Tk 226,339, including value-added tax.
The Bangladesh Jewellers Association announced the revised prices in a notification. The new rates came into effect at 10:00 am.
Under the revised rates, 21-carat gold costs Tk 216,192 per bhari, while 18-carat gold costs Tk 185,690. Gold produced using traditional methods is priced at Tk 151,690 per bhari.
Earlier, on October 13, BAJUS reduced the price of 22-carat gold by Tk 3,266 per bhari to Tk 228,031.
With Thursday’s reduction, BAJUS has revised gold prices 124 times so far this year, including 60 increases, 63 reductions and one adjustment related to VAT, according to the association.
Silver prices have also been reduced. The price of 22-carat silver has been set at Tk 4,024 per bhari, while 21-carat and 18-carat silver cost Tk 3,849 and Tk 3,265, respectively.
Silver produced using traditional methods is now priced at Tk 2,507 per bhari.
FP/A
