Jumbangla Desk: The big fall in the price of gold in the world market has also affected the country's market. As a result, Bangladesh Jewelers Association (BAJUS) has announced to reduce the price of gold in the country's market after the record price. This time, the best quality (11.664 grams) gold has been reduced by 1 thousand 749 taka to 98 thousand 211 taka.
Gold
This decision has been taken in view of the reduction in the price of acid gold (ripe gold) in the local market. Bajus said the new prices will be effective from Sunday (October 1).
Earlier, last Thursday (September 28), the price of the best quality or 22 carat gold was reduced by Tk 1,284. In other words, the price of gold in the market of the country decreased by two points in the space of three days. In this, the price of good quality gold has decreased by 3 thousand 33 taka.
Before that, on August 25, the price of gold was increased by 2 thousand 222 taka per bar of good quality and the highest record in the history of the country was set at 1 lakh 1 thousand 244 taka.
Gold has been sold in the country's market at that price for more than a month. Now the price of gold has decreased twice in a span of three days. However, to buy gold jewelry, buyers have to pay more than the Bajus fixed price. Because gold jewelery is sold by adding 5 percent VAT on the bajus fixed price. At the same time, minimum wage is 3 thousand 499 taka per shift. As a result, according to the new price, buyers will have to pay 1 lakh 6 thousand 621 taka to buy a piece of good quality gold jewellery.
Bajus Standing Committee on Pricing and Price Monitoring Committee meeting on Saturday (September 30) decided to reduce the price. Later, the decision to reduce the price was announced in a circular signed by the vice chairman of the committee, Enamul Haque Bhuiyan Liton.
According to the notification, the price of acidic gold has decreased in the local market. Therefore, considering the overall situation, Bangladesh Jewelery Association has decided the new price of gold, which will be effective from Sunday, September 28 (October 1).
According to the new price, the price of the best quality or 22 carat gold has been reduced by Tk 1,749 to Tk 98,211. The price of a 21 carat gold bar has been reduced from Tk 1,633 to Tk 93,779.
Besides, the price of 18 carat gold has been reduced from Tk 1,400 to Tk 80,365. And the traditional gold price of one load of gold has been reduced from 1 thousand 167 taka to 66 thousand 951 taka.
Earlier, from September 28, the price of the best quality or 22 carat gold was reduced by Tk 1,284 to Tk 99,960. Besides, the price of 21 carat gold has been reduced by Tk 1,224 to Tk 95,412, the price of 18 carat gold has been reduced by Tk 1,49 to Tk 81,765 and the price of traditional gold has been reduced by Tk 933 to Tk 68,118. Gold has been sold at this price till Saturday.
Meanwhile, the price of gold in the country has been reduced, but the price of silver has remained unchanged. The price of 22 carat silver is Tk 1,715, 21 carat is Tk 1,633, 18 carat is Tk 1,400 and traditional method is Tk 1,500.
