Gold price rises by Tk 2,216 per bhari

Gold prices in Bangladesh rose by Tk 2,216 per bhari on Friday, pushing the price of 22-carat gold to Tk 231,297, including value-added tax (VAT), following the latest price adjustment by the Bangladesh Jewellers Association.

The revised rates took effect at 10:00am on Friday, according to a BAJUS notification signed by Dewan Aminul Islam Shaheen, chairman of its standing committee on pricing and price monitoring.

Under the new rate structure, 21-carat gold is priced at Tk 220,916 per bhari, while 18-carat gold costs Tk 189,714 per bhari. Gold produced through traditional methods has been fixed at Tk 154,956 per bhari.

The upward revision follows a price cut on 5 October, when BAJUS lowered the price of 22-carat gold by Tk 1,692 to Tk 229,080 per bhari.

With Friday’s adjustment, BAJUS has revised domestic gold prices 122 times so far this year, reflecting 60 price increases, 61 reductions, and one revision related to VAT adjustments.

The trade association, however, kept silver prices unchanged. The price of 22-carat silver remains at Tk 4,315 per bhari, inclusive of VAT.

The rates for 21-carat, 18-carat, and traditional-method silver also remain unchanged at Tk 4,140, Tk 3,557, and Tk 2,682 per bhari, respectively.