Gold Prices Unchanged: Check Today’s Rates

Gold prices in Bangladesh remain unchanged on Thursday, November 12, as the Bangladesh Jewellers Association (BAJUS) has not announced any fresh revision following its latest price cut. Under the existing rates, 22-carat gold is selling at Tk 224,182 per bhori, including VAT.

BAJUS reduced the price of gold by Tk 2,741 per bhori on Wednesday, November 11. The revised rates introduced following the adjustment remain in effect across the country.

According to the current price list, 21-carat gold costs Tk 214,093 per bhori, while the price of 18-carat gold stands at Tk 184,000. Gold sold under the traditional method is priced at Tk 150,232 per bhori.

Before the latest adjustment, BAJUS had revised gold prices on November 6. At that time, the association reduced the price of 22-carat gold by Tk 2,741, setting the VAT-inclusive rate at Tk 226,923 per bhori.

Meanwhile, silver prices have remained unchanged despite the reduction in gold prices. The VAT-inclusive price of 22-carat silver is currently Tk 3,499 per bhori. The rates for 21-carat and 18-carat silver stand at Tk 3,383 and Tk 2,916, respectively. Traditional-method silver is priced at Tk 2,216 per bhori.

BAJUS has also outlined the applicable charges for jewellery purchases. Making charges will be added depending on the design and craftsmanship of the jewellery. However, since VAT is already included in the selling price, jewellers cannot collect it separately from customers.

For jewellery exchanges, a deduction of 12 percent must be applied to the prescribed value after excluding making charges and the price of stones. In the case of purchasing old gold, the applicable deduction is 18 percent. VAT cannot be deducted separately in either transaction.

The existing price list will remain effective at jewellery shops across Bangladesh until BAJUS issues further instructions.