Gold price sees fresh cut of Tk 4,374 per bhori

Bangladesh Jewellers Association (Bajus) has once again revised down the price of gold in the local market, cutting the rate by Tk 4,374 per bhori.

Following the adjustment, the price of 22-carat gold including VAT now stands at Tk 2,31,880 per bhori, effective from 10am on Wednesday, according to a Bajus notice issued in the morning.

The trade body said the fresh pricing was set in view of a fall in the price of pure gold in the local market.

Under the new rates, 21-carat gold will cost Tk 2,21,441 per bhori, 18-carat gold Tk 1,90,123 per bhori, and traditional (Sanatan) gold Tk 1,55,306 per bhori, all inclusive of VAT.

Bajus said the new prices will remain effective at all jewellery shops until further notice, though making charges will apply depending on ornament design.

Since VAT is already included in the sale price of gold and silver ornaments, jewellers cannot charge it separately from customers.�"UNB