22-carat gold now Tk140,586 per bhori
The new rate will be effective from tomorrow (19 December)
The price of top quality 22-carat gold in Bangladesh has increased by Tk2,088 per bhori (11.664 grams), bringing the new price to Tk140,586.
The new rate will be effective from tomorrow (19 December), according to a notice issued by the Bangladesh Jewellers Association (BAJUS) today (18 December).
The notice stated that the price of pure gold in the local market has risen, prompting the revision of the gold prices based on the current market situation.
According to the new prices, the cost of 21-carat gold per bhori has been set at Tk134,194, while the price of 18-carat gold per bhori will be Tk115,030, and the price of traditional gold per bhori will be Tk94,478.
BAJUS also mentioned that a mandatory 5% VAT imposed by the government and a minimum wage of 6%, as set by BAJUS, will be added to the sales price of gold. However, the labor charge may vary depending on the design and quality of the jewelry.
Notably, the gold price has been adjusted 60 times in the country this year, with 35 price hikes and 25 reductions.