Gold Prices Increase by Tk 2,216 Per Bhori After Recent Cuts

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Dhaka:The price of 22-carat gold in the domestic market has risen by Tk 2,216 per bhori, following a series of recent reductions. This adjustment has been announced by the Bangladesh Jewellers Association (BAJUS), with the new rates effective from 10 am Wednesday.

According to United News of Bangladesh, BAJUS has adjusted the prices of gold ornaments in response to an increase in the price of refined gold in the local market. With the latest increase, 22-carat gold is now priced at Tk 223,074 per bhori, including VAT.

Under the revised pricing structure, 21-carat gold has increased by Tk 2,100 to Tk 213,043 per bhori, and 18-carat gold has risen by Tk 1,750 to Tk 182,950 per bhori. The traditional method gold has seen an increment of Tk 1,458, bringing its price to Tk 149,474 per bhori.

Previously, BAJUS had reduced gold prices four consecutive times on October 13, 22, 23, and 25, resulting in a total decrease of Tk 10,439 per bhori for 22-carat gold. The latest price hike follows these four successive reductions.

Notably, silver prices have remained unchanged despite the increase in gold prices. As per the new rates, 22-carat silver is priced at Tk 3,849 per bhori, including VAT. The prices for 21-carat and 18-carat silver stand at Tk 3,674 and Tk 3,149 per bhori, respectively, while traditional method silver costs Tk 2,391 per bhori.