Gold Reaches Record High with Tk 5,000 Increase Per Bhori

The global rise in gold prices has significantly impacted the domestic market in Bangladesh. The Bangladesh Jewelers Association (BAJUS) announced a price adjustment, increasing the cost of one bhori of 22-carat gold by Tk 5,249. This brings the updated price to Tk 262,440, marking the highest gold price recorded in the country’s history.

Price Adjustment Details

The information was released through a BAJUS press statement on the evening of Monday, January 26. The new pricing took effect from Tuesday, January 27. This rise reflects an increase in pure gold prices within the local market and aligns with broader market conditions.

Additional Charges on Gold Purchases

Alongside the base price, buyers must account for a government-imposed value-added tax (VAT) of 5 percent. Additionally, BAJUS has set a minimum making charge of 6 percent, which applies to the final selling price of gold jewelry.

It is important to note that the making charge can vary depending on the design and quality of individual pieces.

Key Takeaways

• Gold price per bhori of 22-carat gold increased by Tk 5,249.
• New gold price in Bangladesh is Tk 262,440, a historical high.
• Price change effective from January 27, as per BAJUS announcement.
• Final selling price includes 5% VAT and at least 6% making charge.
• Making charges vary based on design and quality of jewelry.