Gold price rises again by Tk 2,158 per bhori

The price of gold has been increased in the local market, with the best quality or 22-carat gold now costing Tk 2,158 more per bhori (11.664 grammes), effective from Saturday.

According to the new price set by the Bangladesh Jewellers Association (Bajus), the price of 22-carat gold now stands at Tk 236,779 per bhori, including VAT, effective from 10 am.

In a notification, Bajus said the decision to raise the price was taken in line with the rising price of tejabi gold (pure gold) in the local market. Notably, the price of the same category of gold was reduced by Tk 2,158, the same amount, just a day earlier, on Friday.

The latest hike comes within 24 hours of that price cut, effectively reversing it. As per the new pricing, the price of 22-carat gold, including VAT, has been increased by Tk 2,158 to Tk 236,779 per bhori. The price of 21-carat gold has gone up by Tk 2,100 to Tk 226,165 per bhori.

Similarly, the price of 18-carat gold has increased by Tk 1,808 to Tk 194,206 per bhori, while the traditional (sanatan) quality gold now costs Tk 158,630 per bhori, up by Tk 1,458.

Despite the rise in gold prices, silver prices remain unchanged. The price of 22-carat silver, including VAT, has been set at Tk 5,074 per bhori.

Meanwhile, the price of 21-carat silver stands at Tk 4,841 per bhori, 18-carat silver at Tk 4,199 per bhori, and traditional quality silver at Tk 3,159 per bhori.