The key points are temporarily unavailable. You can still read the full Story below.
Main Points
Bangladesh Jewelers Association (BAJUS) announced a new set of gold and silver prices on Sunday, 25 October 2023. The decision was made at a standing committee meeting on pricing and price monitoring held at 9 a.m. and was adopted unanimously. The new rates took effect from 10 a.m. the same day. Gold prices 22‑carat gold – 2,20,508 Tk per kilogram (down 3,674 Tk from 2,24,182 Tk on Friday). 21‑carat gold – 2,10,943 Tk per kilogram. 18‑carat gold – 1,83,533 Tk per kilogram. Traditional gold – 1,48,016 Tk per kilogram. The price cut follows a decline in the price of pure gold, prompting BAJUS to adjust the rates in line with the overall market situation. Silver prices 22‑carat silver – 3,849 Tk per kilogram. 21‑carat silver – 3,674 Tk per kilogram. 18‑carat silver – 3,149 Tk per kilogram. Traditional silver – 2,391 Tk per kilogram. Silver prices remained unchanged. Additional guidelines Chairman Dr. Dewan Aminul Islam Shahin clarified that wages will be applied according to the design of the jewelry. The sale price of gold and silver jewelry already includes VAT; therefore, separate VAT collection from customers is not permitted. For exchange and purchase transactions, a deduction of 12 % and 18 % respectively is required, and VAT cannot be deducted separately in these cases. Until a further decision is issued, the new prices will be applicable across all jewelry establishments in the country. Article source: Ajker Patrika | Image credit: Ajker Patrika
Bangladesh Jewelers Association (BAJUS) announced a new set of gold and silver prices on Sunday, 25 October 2023. The decision was made at a standing committee meeting on pricing and price monitoring held at 9 a.m. and was adopted unanimously. The new rates took effect from 10 a.m. the same day. Gold prices 22‑carat gold – 2,20,508 Tk per kilogram (down 3,674 Tk from 2,24,182 Tk on Friday). 21‑carat gold – 2,10,943 Tk per kilogram. 18‑carat gold – 1,83,533 Tk per kilogram. Traditional gold – 1,48,016 Tk per kilogram. The price cut follows a decline in the price of pure gold, prompting BAJUS to adjust the rates in line with the overall market situation. Silver prices 22‑carat silver – 3,849 Tk per kilogram. 21‑carat silver – 3,674 Tk per kilogram. 18‑carat silver – 3,149 Tk per kilogram. Traditional silver – 2,391 Tk per kilogram. Silver prices remained unchanged. Additional guidelines Chairman Dr. Dewan Aminul Islam Shahin clarified that wages will be applied according to the design of the jewelry. The sale price of gold and silver jewelry already includes VAT; therefore, separate VAT collection from customers is not permitted. For exchange and purchase transactions, a deduction of 12 % and 18 % respectively is required, and VAT cannot be deducted separately in these cases. Until a further decision is issued, the new prices will be applicable across all jewelry establishments in the country.
News Desk is the editorial publishing account for Tringlobe Media News, covering breaking news, public affairs, entertainment, community developments and regional stories across Trinidad and Tobago, the Caribbean and internationally.
