Gold price falls for a third straight time, down Tk 2,158 per bhari to Tk 224,182
The Bangladesh Jewellers Association (Bajus) has announced a cut in gold prices in the domestic market for the third consecutive time. Under the new decision, the price of 22-carat gold per bhari, including VAT, has fallen by Tk 2,158.
Bajus announced the information in a notice on Friday (23 October). The new prices took effect from 10am today.
The notice said the decision to set the new gold prices was taken at a meeting of Bajus’s standing committee on price fixing and price monitoring at 9am today.
Under the new price list, the price of 22-carat gold per bhari (11.664 grams), including VAT, has been set at Tk 224,182.
On Thursday, the price of gold of the same grade was Tk 226,340. The price has been cut by Tk 2,158 from that level in the space of a day.
In addition, the price of 21-carat gold per bhari has been set at Tk 214,093. The new price for this grade is also effective from today for buyers.
The price of 18-carat gold per bhari has been set at Tk 183,883.
The price of traditional-method gold per bhari has been set at Tk 150,232.
Alongside gold, the price of silver has also been reduced. As a result, this price adjustment has lowered prices for both precious metals.
Under the new price list, the price of 22-carat silver per bhari is Tk 3,849.
In addition, 21-carat silver per bhari is Tk 3,673, 18-carat silver per bhari is Tk 3,149, and traditional-method silver per bhari has been set at Tk 2,391.
With prices falling for a third straight time, the new list has become important for those interested in buying gold. Gold and silver are to be sold at these new prices in the domestic market from 10am today.
