Gold Price Rises After Four Straight Cuts, Up by Up to Tk 2,216 Per Bhori
The Bangladesh Jewellers Association (BAJUS) has announced a gold price increase after four consecutive cuts in the local market. The price has risen by up to Tk 2,216 per bhori.
After the increase, the price of the best-quality gold including VAT stands at Tk 223,074 per bhori. On Tuesday, gold was traded at Tk 220,858 per bhori.
BAJUS gave the information in a notice on Wednesday (October 28). The organisation said the new price took effect from 10 am today.
BAJUS said the local price rose because the price of tejabi (pure gold) increased. Before the local market, the price had also risen in the global market. According to goldprice.org, a reliable website for gold and silver prices, gold was priced at $4,041 per ounce in the international market this morning.
Under the new price, including VAT, 22-carat gold is Tk 223,074 per bhori, 21-carat Tk 213,043 per bhori, 18-carat Tk 182,950 per bhori, and gold made by the traditional method Tk 149,474 per bhori.
The notice also mentioned silver prices. Silver of 22 carats is Tk 3,849 per bhori. In addition, 21-carat silver is Tk 3,674 per bhori, 18-carat Tk 3,149 per bhori, and traditional-method silver Tk 2,391 per bhori.
