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Gold prices reduce again in local markets
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21 Aug 2020, 22:03
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The gold prices have been reduced in the country’s market. After reducing by 1,458 taka per bhori the price of the best quality gold (22 carat) is fixed at 72, 258 taka.
Bangladesh Jewelers Samity (BAJUS) said this in a press release and the information was published on their website. The new prices have been activated from 2 pm. BAJUS general secretary Dilip Kumar Agarwal confirmed the information.
BAJUS said, the prices were activated from the Friday afternoon. Earlier, in the current month (August 13) the price of 22 carat gold was fixed at 73,716 taka by reducing 4,450 taka per bhori.
It said, the prices are being reduced as the gold prices are in downward trend in the international market.
According to the new list, the price of 21 carat per bhori gold is fixed at 69,100 taka. 18 carat gold per bhori is fixed at 60,361 taka. The price of old method gold per bhori is fixed at 50,040 taka. Per bhori silver will be sold at 933 taka at the previous rate.
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Bribery, corruption main barriers to promote business in Bangladesh: US report
The '2024 National Trade Estimate Report on Foreign Trade Barriers' published on March 29 identified barriers to government procurement, intellectual property protection, digital trade, investment and labour rights in Bangladesh.
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NTE reports have been published regularly since 1985. This year's NTE report highlights significant foreign trade barriers in 59 markets.
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The report also mentions that the government has tried to weaken the anti-corruption rules in procurement.
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BERC Chairman Nurul Amin announced the new price at a press conference on Wednesday (April 3) noon. The new prices will be effective from 6 pm.
Meanwhile, On March 3, the price of LPG was increased at the consumer level for the eighth consecutive month. Earlier On February 4, the BERC raised the price of a 12-kg cylinder by Tk 41 to Tk 1,474.
BASIC Bank to merge with City Bank
This time, BASIC Bank will merge with City Bank.
This decision was taken in a meeting held at Bangladesh Bank on Monday.
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Gold prices hit a record high
Gold prices creating records one after another in the world market. The price of this precious metal is constantly increasing.
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Earlier, on April 5, gold prices crossed $ 2,300 an ounce for the first time in the world market. Just seven days later, on Friday, the price exceeded $ 2,400. Which is the highest in the world market.
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State Minister for Commerce Ahasanul Islam said this at a press briefing at the secretariat on Thursday (April 18).
According to the new decision, price of bottled soybean oil hiked to Tk 167 from Tk 163 per litre.
The State Minister said that the price of loose soybean oil has been reduced to Tk 147 from Tk 149 per liter. However, the price of bottled soybean oil has been increased from Tk 163. This price will be effective from tomorrow.
Earlier, on Monday Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers proposed the government to raise the price of soybean oil by Tk 10 to Tk 173 per liter.
Gold prices slashed by Tk 3,138 per bhori
Bangladesh Jeweller’s Association (Bajus) has reduced the price of gold after three consecutive hikes this month.
The price of gold has been reduced again in the country's market after three days of fixing the new price.
The price of 22 carat gold has been reduced by Tk 3,138 per bhori (11.664 grams) and the new price has been fixed. The price of per bhori of good quality gold (22 Carat)
is 1 lakh 16 thousand 290 taka.
The decision was taken at a meeting of the Bajus Standing Committee on Tuesday (April 23). This information was given in a notification signed by the chairman of the committee Masudur Rahman.
Bangladesh Jewelers Association has fixed the new price of gold considering the overall situation, said Masudur Rahman
However, the price of 21 carat gold has been reduced by Tk 3,009 to Tk 1,10,995.