Gold Prices Rise Again in Bangladesh After Two Consecutive Decreases

After two consecutive price reductions, the Bangladesh Jewellers’ Association (BAJUS) has announced another increase in gold prices in the domestic market. According to the new decision, the price of gold has been increased by BDT 5,482 per bhori. Consequently, the new price for one bhori of 22-carat gold, including VAT, has been set at BDT 2,28,556.

- Advertisement -

BAJUS announced this new pricing through a notification on Saturday morning (June 27). The association stated that the new prices would be effective from 10:00 AM on Saturday.

Read More:  Application for Lawsuit Filed Against 16, Including Yunus and Asif Nazrul

The BAJUS notification explained that the new gold prices were determined after considering the overall market situation, which saw an increase in the price of pure gold in the local market.

According to the new price list, the price of one bhori (11.664 grams) of 22-carat gold, including VAT, has been set at BDT 2,28,556. Additionally, the price for one bhori of 21-carat gold is BDT 2,18,292, 18-carat gold is BDT 1,87,440, and traditional method gold is BDT 1,53,148.

Read More:  Global Climate Crisis: Bangladesh and the World Grapple with Severe Heatwave

Previously, BAJUS had last adjusted gold prices on Thursday (June 25). At that time, the price of one bhori of 22-carat gold was reduced by BDT 2,216 to BDT 2,23,074. During the same period, the price of 21-carat gold was BDT 2,13,042, 18-carat gold was BDT 1,82,950, and traditional method gold was BDT 1,49,474.

Read More:  Minister Dipen Dewan Resigns - Bangla Online News Portal

So far this year, gold prices in the domestic market have been adjusted a total of 82 times. Among these adjustments, prices have been increased 41 times, decreased 40 times, and VAT has been adjusted once.

Facebook Comments Box

Related

Crypto investor charged with using 8 companies and new investor cash to keep an alleged $20M fraud alive

Federal prosecutors say Sioux Falls crypto investor Benjamin Paul...

Clarity Act Has ‘Tremendous Momentum’ In Senate

Coinbase Vice Chair Ryan VanGrack said the Clarity Act...

Russia Moves To Rein In Crypto Fraud With New Legislation

Russia is pushing ahead with regulating the cryptocurrency market,...

New Onramp Report Makes The Case For Spot Bitcoin Over Paper Claims As Price Sits At Half Its Peak

A new research report from bitcoin custody firm Onramp...