Gold prices keep soaring to new heights, having cleared Tk 0.15m per bhori

Gold prices have reached a historic peak in Bangladesh, with the Bangladesh Jewellers Association (Bajus) raising the price of 22-carat gold by Tk 3,243 per bhori in its latest listing.

The new price now stands at Tk 154,524 per bhori, marking the highest cost ever recorded in the country's history.

The new rates will come into effect on Friday (Feb 21), according to a press release issued on Thursday.

This price adjustment applies to 22-carat gold, which now costs Tk 154,524 per bhori (11.664 grams).

Besides, 21-carat gold is priced at Tk 147,502, while 18-carat gold will cost Tk 126,426.

The traditional gold variety has seen its price set at Tk 104,206 per bhori.

Bajus has also said that the final retail price of gold must include a mandatory 5% VAT, as imposed by the government, as well as a 6% minimum labour charge set by the association.

However, the total labour charge may vary depending on the design and quality of the jewellery.