Daily Shiksha.com Reporter : The price of gold in the domestic market has been further reduced. The best quality or 22 carat (11.664 grams) gold has been reduced by Tk 2,990. In this, the price of good quality gold has increased to 1 lakh 14 thousand 191 taka.
This price has been reduced in view of the reduction in the price of acid gold (ripe gold) in the local market. Bangladesh Jewelers Association (BAJUS) said that the new price will be effective from 4:50 PM on Wednesday (April 24).
Earlier on Tuesday, the price of one bar of good quality gold was reduced by 3 thousand 138 taka to 1 lakh 16 thousand 290 taka. Now by reducing the price again, the price of good quality gold has decreased by 5 thousand 237 taka in two days.
On Wednesday (April 24), Bajus Standing Committee on Pricing and Price Monitoring Committee meeting decided to reduce prices again. Later this information was informed in a circular signed by the chairman of the committee, Masudur Rahman.
According to the notification, the price of acidic gold has decreased in the local market. Therefore, considering the overall situation, Bangladesh Jewelery Association has fixed the new price of gold, which will be effective from 4:50 PM on Wednesday (April 24).
According to the new prices, the price of the best quality or 22 carat gold bar has been reduced by Tk 2,999 to Tk 1,14,191. The price of a 21 carat gold bar has been reduced from Tk 1,995 to Tk 1,900.
Besides, the price of 18 carat gold has been reduced from 1 thousand 714 taka to 93 thousand 429 taka. And the price of traditional gold has been reduced from 1 thousand 377 taka to 75 thousand 209 taka.
However, buyers have to pay more than this to buy gold jewellery. Because gold jewelery is sold by adding 5 percent VAT on the price set by Bajus. Along with that, the minimum wage per worker is 3 thousand 499 taka. As a result, buyers will have to pay Tk 1 lakh 23 thousand 400 to buy a piece of 22 carat gold jewelery from tomorrow Thursday.
Earlier yesterday on April 23, the price of the best quality or 22 carat gold was reduced by 3 thousand 138 taka to 1 lakh 16 thousand 290 taka. The price of a 21 carat gold bar has been reduced by 3 thousand 9 taka to 1 lakh 10 thousand 995 taka.
Besides, the price of 18 carat gold has been reduced by 2 thousand 566 taka to 95 thousand 143 taka. And according to the traditional method, the price of one load of gold was reduced by 2 thousand 76 taka to 76 thousand 586 taka. Gold will be sold at this price till 4:50 pm on Wednesday.
The price of gold has been reduced but the price of silver has remained unchanged. The price of 22 carat silver is Tk 2 thousand 100, 21 carat is Tk 2 thousand 6, 18 carat is Tk 1 thousand 715 and traditional method is Tk 1 thousand 283.
