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The price of gold in Bangladesh has reached a new record high, as the Bangladesh Jewellers Association (BAJUS) raised the rate of 22-carat gold by Tk 6,906 per bhori (11.664 grams) within just 24 hours.
In a notification issued on Wednesday night, BAJUS announced that the new price of 22-carat gold has been set at Tk 2,09,101 per bhori, effective from Thursday, UNB reports.
The association said the latest hike follows a rise in the price of pure (tejabi) gold in the international market.
“Considering the overall situation, BAJUS has adjusted the gold prices accordingly,” the statement added.
Under the new pricing, 21-carat gold will cost Tk 1,99,594 per bhori, 18-carat gold Tk 1,71,088 per bhori, and traditional gold Tk 1,42,301 per bhori.
The selling price will also include a 5 percent value-added tax (VAT) imposed by the government and a minimum making charge of 6 percent fixed by BAJUS. However, the making charge may vary depending on jewellery design and quality.
BAJUS last revised gold prices on October 7, when the price of 22-carat gold was raised by Tk 1,469 per bhori to Tk 2,02,195 — then the highest in the country’s history.