The gold price in Bangladesh remains an important topic for buyers, especially those planning to purchase jewellery. On Sunday, August 23, the price of 22-carat gold was Tk 246,110 per bhori in the local market.
The latest price was set by the Bangladesh Jewellers Association (BAJUS) on Saturday morning, August 22. As no new price adjustment was announced afterward, the same rate remained effective on Sunday.
Current Gold Price in Bangladesh
According to the latest BAJUS rate, the price of 22-carat gold, including VAT, is Tk 246,110 per bhori.
Other grades of gold are also being sold at different prices.
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- 22-carat gold: Tk 246,110 per bhori
- 21-carat gold: Tk 235,029 per bhori
- 18-carat gold: Tk 201,845 per bhori
- Traditional method gold: Tk 164,812 per bhori
The latest increase pushed the price of 22-carat gold up by Tk 5,482 per bhori. Before this change, the price of 22-carat gold was Tk 240,628 per bhori on August 20.
How Much Does Gold Jewellery Cost?
The listed gold price is not always the final amount a customer has to pay at a jewellery shop.
VAT is already included in the gold jewellery price announced by BAJUS. Therefore, buyers do not have to pay VAT separately on top of the announced price.
However, making charges are added separately. These charges can vary depending on the design and quality of the jewellery.
If a jewellery item contains stones or other materials, their prices may also be added to the final bill. For this reason, customers should not calculate the total cost simply by looking at the price of one bhori of gold.
Before buying, customers should check the gold weight, carat, making charge and the cost of any stones or additional materials.
What Should Buyers Check Before Buying Gold?
Buyers should carefully check the quality of the gold before completing a purchase. Looking at the hallmark can help confirm the purity of the gold.
It is also important to ask the jewellery shop for a detailed cash memo or receipt. The receipt should clearly show the weight, purity, price and other charges.
Taking these steps can help buyers understand exactly how much they are paying for the jewellery.
Silver Price in Bangladesh Today
The price of silver has also increased along with gold.
The current price of 22-carat silver is Tk 5,482 per bhori. The prices of other grades are as follows:
- 22-carat silver: Tk 5,482 per bhori
- 21-carat silver: Tk 5,249 per bhori
- 18-carat silver: Tk 4,490 per bhori
- Traditional method silver: Tk 3,382 per bhori
These prices will remain in effect until BAJUS announces another change.
Gold Price in Bangladesh Can Change Again
Gold prices in Bangladesh can be revised when BAJUS makes a new announcement. Therefore, buyers planning to purchase jewellery should check the latest market rate before visiting a jewellery shop.
For anyone looking to buy gold today, the 22-carat rate of Tk 246,110 per bhori is the key price to keep in mind. However, the final jewellery bill may be higher because of making charges and the cost of additional materials.
