Jewellers slash gold prices three days after hiking - News Summed Up

Jewellers slash gold prices three days after hiking


File photo of jewelry shop in Dhaka Mehedi Hasan/Dhaka TribuneIn a statement on Monday, Bangladesh Jewellers Samity (Bajus) said that the new prices will be effective from TuesdayJewellers in Bangladesh have revised the prices of gold, three days after hiking it in wake of the proposed budget last week. In a statement on Monday, Bangladesh Jewellers Samity (Bajus) said that the new prices will be effective from Tuesday (Jun 18). To import gold bars—up to 234gm—the proposed budget reads that the price should drop from Tk3000 to Tk2000. Meanwhile, the government is allowing jewellers and traders to legalize their gold stocks by Jun 30 and has issued a gazette notification in this regard. Following the government’s offer, traders are organizing a fair for jewellers to legalize the undeclared gold.


Source: Dhaka Tribune June 17, 2019 19:07 UTC



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