Gold Price Drops Nearly 30,000 Taka in Two Days

On Saturday (31 January), the BAJUS Standing Committee on Price Monitoring set the new prices:

• 22-carat hallmark gold: 21,915 Taka per gram, 255,617 Taka per tola (previously 271,363 Taka per tola)

• 21-carat hallmark gold: 20,920 Taka per gram, 244,010 Taka per tola

• 18-carat gold: 17,930 Taka per gram, 209,135 Taka per tola

• Traditional gold: 14,735 Taka per gram, 171,869 Taka per tola

The BAJUS notice mentioned that the government’s 5% VAT and a minimum 6% labor charge for jewelry must be added to the sale price. Labor costs may vary depending on design and quality.

Silver prices were also adjusted:

• 22-carat silver: 7,302 Taka per tola

• 21-carat: 6,940 Taka per tola

• 18-carat: 5,949 Taka per tola

• Traditional silver: 4,432 Taka per tola

This year, gold prices have been adjusted 18 times (13 increases and 5 decreases), while silver prices were adjusted 14 times (9 increases and 5 decreases).