Gold prices rise again, 22-carat hits Tk 261,040 per bhori

Gold prices have been raised again in the domestic market, with the rate of 22-carat gold increasing by Tk 2,216 per bhori (11.664 grams), pushing the new price to Tk 261,040 per bhori.

The price hike follows an increase in the cost of pure gold in the local market. The new rates will come into effect from 10:00 am on Monday (February 23), according to the Bangladesh Jewellers Association (BAJUS).

The decision was taken at a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring on Monday. The information was disclosed in a press release signed by the committee’s chairman, Dr Dewan Aminul Islam Shahin.

Earlier, on February 21, the price of 22-carat gold had been raised by Tk 3,266 per bhori to Tk 258,824, effective from 10:15 am that day. Within two days of that increase, prices have been revised upward again.

Under the latest adjustment, the price of 21-carat gold has been increased by Tk 2,041 per bhori to Tk 249,143. The price of 18-carat gold has risen by Tk 1,808 to Tk 213,568 per bhori.

Gold produced under the traditional method has seen a hike of Tk 1,458 per bhori, setting the new price at Tk 174,785.

Previously, from 10:15 am on February 21, the price of 21-carat gold was set at Tk 247,102 per bhori after a Tk 3,149 increase. The price of 18-carat gold stood at Tk 211,760 following a Tk 2,683 rise, while traditionally made gold was priced at Tk 173,327 after a Tk 2,216 increase. These rates remained effective until 9:59 am on Monday.

Despite the rise in gold prices, silver rates remain unchanged. The price of 22-carat silver has been fixed at Tk 6,707 per bhori, while 21-carat silver stands at Tk 6,415, 18-carat silver at Tk 5,482, and traditionally produced silver at Tk 4,082 per bhori.