The price of gold in the domestic market has been reduced further. The new price has been reduced by Tk 630 for the best quality or one bar of 22 carat (11.664 grams) gold. In this, the price of good quality gold has decreased by 1 lakh 13 thousand 561 taka.
This price has been reduced in view of the reduction in the price of acid gold (seasoned gold) in the local market. Bangladesh Jewelers Association (BAJUS) said that this price will be implemented from 3:50 PM on Thursday (April 24).
Earlier yesterday, Wednesday (April 24) and the previous day on Tuesday (April 23), gold prices were reduced twice. Yesterday the price of good quality gold was reduced by Tk 2 thousand 99 and the previous day it was reduced by Tk 3 thousand 138. Now by reducing the price again, the price of good quality gold has reduced by 5 thousand 867 taka in three days.
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Bajus Standing Committee on Pricing and Price Monitoring Committee meeting on Thursday (April 25) 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 3:50 PM on Thursday (April 25).
According to the new price, the price of the best quality or 22 carat gold has been reduced by Tk 630 to Tk 1 lakh 13 thousand 561. The price of a 21 carat gold bar has been reduced by Tk 595 to Tk 1 lakh 8 thousand 405.
Apart from this, the price of 18 carat gold has been reduced by 514 taka to 92 thousand 915 taka. And the traditional gold price has been reduced by 408 taka to 74 thousand 801 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 Bajus fixed price. At the same time, the minimum wage per worker is 3 thousand 499 taka. As a result, buyers will have to pay 1 lakh 22 thousand 738 taka to buy a 22 carat gold jewelery from tomorrow Friday.
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Earlier yesterday, the price of the best quality or 22 carat gold was reduced by 2 thousand 99 taka to 1 lakh 14 thousand 191 taka. The price of a 21 carat gold bar has been reduced from 1 thousand 995 taka to 1 lakh 9 thousand taka.
Besides, the price of one 18 carat gold bar has been reduced from 1 thousand 714 taka to 93 thousand 429 taka. And the price of one load of traditional gold was reduced from 1 thousand 377 taka to 75 thousand 209 taka. Gold has been sold at this price till 3:50 pm on Thursday.
While the price of gold has been reduced, 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.
MAS/MKR/JIM
