Gold just hit a crazy new record price in Bangladesh. The cost for a bhori smashed past two hundred twenty-seven thousand taka after another big jump. The Bangladesh Jewellers' Association pricing committee made the call at a Saturday meeting, hiking the rate by over fifteen hundred taka. This follows another record set just days before. Under the new prices, twenty-two carat gold will cost about nineteen thousand five hundred thirty-five taka per gram.
The release from committee chairman Dewan Aminul Islam Shahin listed other rates. Twenty-one carat gold is around eighteen thousand six hundred fifty taka per gram. Eighteen carat is nearly sixteen thousand taka, and traditional gold is about thirteen thousand three hundred twenty-five. Silver prices also went up, with twenty-two carat now at five hundred twenty taka per gram. Buyers still have to pay a five percent government VAT and at least a six percent making charge from the jeweler, which can go higher for fancy designs. The new tariffs start Sunday.
The release from committee chairman Dewan Aminul Islam Shahin listed other rates. Twenty-one carat gold is around eighteen thousand six hundred fifty taka per gram. Eighteen carat is nearly sixteen thousand taka, and traditional gold is about thirteen thousand three hundred twenty-five. Silver prices also went up, with twenty-two carat now at five hundred twenty taka per gram. Buyers still have to pay a five percent government VAT and at least a six percent making charge from the jeweler, which can go higher for fancy designs. The new tariffs start Sunday.