Gold prices raised again

Staff Correspondent | Published: 00:05, Jan 26,2018

 
 

Jewellers on Thursday raised the prices of gold further by Tk 2,000 a bhori (11.664 grams) for the local market with an effect from today (Friday).
The prices of the precious metal will cross the Tk 52,000-mark for the first time in last few months.
The Bangladesh Jewellers Samity (BAJUS) on Thursday announced the hike on grounds of a price hike of the precious metal on the international market.
Under the new prices set by BAJUS, a bhori of 22-karat gold will be sold at Tk 52,255 while that of 21-karat and 18-karat gold will be sold at Tk 49,922 and Tk 44,673 respectively.
Under the traditional method, the price of a bhori of gold is set at Tk 26,536.
On December 25 last year and January 9 this year, BAJUS also increased the gold prices by Tk 1,400 a bhori each time.
A bhori of 22-karat gold was sold at Tk 50,738 while that of 21-karat and 18-karat was traded at Tk 48,406 and Tk 43,157 respectively on Thursday.
The price of silver remained unchanged at Tk 1,050 a bhori.
Jewellers said that a rise in demand for gold in the country due to the ongoing wedding season was also another reason for the price hike.
They also said charges for ornaments making and value-added tax would be included as usual with the set price.
A 22-karat gold ornament contains 91.6 per cent pure gold, 21-karat 87.5 per cent and 18-karat 75 per cent.

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