Gold prices in Bangladesh dropped further on Wednesday as the Bangladesh Jewellers Association (BAJUS) announced its second consecutive price reduction with citing a decline in pure gold (Tejabi) prices in the local market.
Under the revised rates effective from 10:00 AM on Wednesday (November 11), the price of 22-carat gold has been reduced by Tk.741 per gram with bringing the total price inclusive of VAT to Tk.2,24,182 per bhori (11.664 grams). Per gram the 22-carat gold now costs Tk.19,000.
The price of 21-carat gold has been set at Tk.18,355 per gram while 18-carat gold is fixed at Tk.18,765 per gram. Gold processed through traditional methods will retail at Tk.12,880 per gram.
The decision was finalized during a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring on Wednesday morning, according to a press notice signed by Committee Chairman Dr. Dewan Aminul Islam Shaheen.
Meanwhile the domestic silver prices remain unchanged. Per gram the 22-carat silver is priced at Tk.300, 21-carat at Tk.290, 18-carat at Tk.250 and traditional silver at Tk.190.
