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As of Thursday, the best quality gold is selling at Tk 84,006 per gram.
Every time the price of gold went up or down the day before. This price is effective from the next day. But on Thursday morning, the Bangladesh Jewelers Association-Bajus announced that it would reduce the price of gold and implement it immediately.
Bajus Secretary General Dilip Kumar Agarwala said prices have also fallen in the local market.
He told bdnews24.com that gold prices had been fluctuating on the international market for several days amid the Kovid-19 epidemic. Gold prices have fallen slightly in the last week.
When the price of gold last rose in the country on September 17, the price on the world market was 1945 pounds per ounce (31.10347 grams). On Thursday, it fell to 1,185, Dilip said.
According to Bajus, the best quality gold (22 carats) is selling for Tk74,006 per gram (11.84 grams) from Thursday.
The 21 karat gold sells for Rs 80,759. And 18-karat gold sells for Rs 72,211. Traditional gold sells for Rs 51,006.
As of Wednesday, the price of 22 karat gold was Rs 7,456 an ounce. Furthermore, the 21 karat gold sold for Tk 83,308 and the 18 karat gold for Tk 64,580. Gold has been sold for Rs 54,236 in the traditional way.
Bajus has announced the sale of Hallmark Gold (KDM) silver as of September 21.
Dilip Kumar Agarwala said that for the first time in the country, it has been decided to sell standard silver jewelry so that buyers are not fooled.
Since Thursday, 22-karat silver jewelery has been selling for Tk 1,516 per gram in the country. The 21 karat silver ornaments sell for 1,435 rupees. And 18 karat silver sells for 1,225 rupees. And the traditional method of silver jewelry sells for 933 rupees.
Amid the volatile market amid the epidemic, the country’s gold price rose to 8,218 taka. This is the highest price of gold in the market of the country.
In the case of gold ornaments, the minimum wage is 250 rupees per village and 26 rupees in rupees, Bajus said in a press release. In addition, VAT (Value Added Tax) at the rate set by the government will be applicable in all cases.
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