The Bangladesh Jewellers Association (Bajus) has issued a stern warning against the publication and circulation of unauthorised gold price lists, cautioning that any organisation found violating the directive will face strict disciplinary action.
In a notice issued on Sunday, Bajus said the price list determined by its ‘Standing Committee on Pricing and Price Monitoring’ applies uniformly to all jewellery businesses across the country.
The association said it has observed that some district and upazila units, cooperative societies, and market associations have been circulating separate price lists under their own names instead of following the official Bajus rate, deviating from the centrally fixed prices.
Such unauthorised price lists are causing losses to genuine jewellery traders and creating confusion among consumers, undermining the discipline and reputation of Bajus, the notice said.
Bajus clarified that publishing or circulating any price list other than the one fixed by its pricing committee is strictly prohibited.
Only the official price list and notices signed by the chairman of the Standing Committee on Pricing and Price Monitoring may be issued and displayed at the district and upazila level, it said.
The association warned that any organisation, district or upazila unit found publishing or circulating a different price list, or a notice bearing an unauthorised signature, after this warning will face strict organisational measures.
