Gold prices hiked again

Bangladesh’s jewellers on Saturday increased the price of 22-carat gold by Tk1,831 in the local market.

The price of 22-carat gold (11.664 grams) has been set Tk1,17,281 per bhori. The previous price was Tk1,15,450 per bhori.

The matter was informed in a press release signed by Masudur Rahman, chairman of the Standing Committee on Price Determination and Price Monitoring of Bangladesh Jewelers Association (Bajus) on Saturday.
The decision was taken to increase as the price of acid gold in the local market has increased.

The new price will be effective from Sunday.

Earlier on Tuesday, Bajus announced an increase of Tk4,503 per bhori. 

However, after reducing the price eighth times in a row, the announcement of the increase came four times in a row.

Before this, gold prices were reduced eight times on May 2, April 30, April 29, April 28, April 27, April 25, April 24 and April 23.

According to the new prices, the best quality (22-carat) gold has been fixed Tk1,17,281, 21-carat gold Tk1,11,951, 18-carat gold Tk95,959 and traditional method Tk79,338.

Meanwhile, the price of silver remains unchanged.