DOT Desk: Gold prices have gone up by Tk. 1,517 for each ‘bhori’ in the local market from yesterday due to rising bullion prices in the international market in recent weeks, reports The Independent.
The new prices became effective from yesterday (Wednesday), according to the Bangladesh Jewellers Samiti. The Bangladesh Jewellers Samity announced the new rate on Tuesday night.
According to the new rates, 1 bhori (11.664 gm) of 22-carat gold will be sold for Tk. 48,989.
The price of 1 bhori of 22-carat and 21-carat gold will be Tk. 48,989 and Tk. 46,656 respectively.
The price of 1 bhori of 18-carat will be Tk. 41,640.
Similarly, the price of silver will remain the same at Tk. 1,050.
Wages and value added tax (VAT) will be added to gold ornaments.
The proportion of solid precious metal in the 22-carat gold is 91.6 per cent.
It is 87.5 per cent in the 21-carat and 75 per cent in the 18-carat gold.
24-carat gold is considered as 100 per cent pure gold.
Talking to The Independent, Ganga Charan Malakar, president of the Bangladesh Jewellers’ Samity, said that gold prices went up by USD 100–120 an ounce in the international market recently.
This has eventually affected the price in the Bangladeshi market, he added.