Gold prices drop further in 24 hours

Bangladesh Jewellers Association (BAJUS) has reduced the price of 22-carat gold per bhori (11.664 grams) in the country’s market by Tk 4,432 to Tk 2,18,350. BAJUS made this announcement in a notification today (June 11). The new price will be effective from 10 am today.
It said that the decision to reduce the price was taken in a meeting of the BAJUS Standing Committee on Price Determination and Price Monitoring due to the decline in the price of pure gold.
At this new price, the price of 22-carat gold per bhori in the country’s market has now been fixed at Tk 2,18,350. In addition, the price of 21-carat gold per bhori has been fixed at Tk 2,8,436, the price of 18-carat gold per bhori has been fixed at Tk 1,78,692 and the price of traditional gold per bhori has been fixed at Tk 1,45,508.
Bajus also mentioned collecting a fixed 5% VAT from buyers and depositing it in the government treasury, and charging different wages according to the design of the jewelry.