The price of gold has increased again by Tk 1,469 per bhori (11.664 grams), just a day after crossing the Tk 200,000 mark.
According to a statement issued by the Bangladesh Jewellers’ Association (BAJUS) on Tuesday night, the new rates will be effective from Wednesday morning.
As per the revised rates, the price of 22-carat gold has been set at Tk 202,195 per bhori, the highest on record in the country.
The price of 21-carat gold will be Tk 193,004 per bhori, 18-carat gold Tk 165,431 per bhori and traditional gold Tk 137,472 per bhori.
In addition to the base price, a 5% VAT set by the government and a minimum making charge of 6% fixed by BAJUS must be added.
Gold price in Bangladesh surpasses Tk 2 lakh per Bhori for the first time
However, the making charge may vary depending on the design and quality of the jewellery.
On Monday, BAJUS hiked gold prices by Tk 3,150 per bhori, pushing the rate beyond Tk 200,000 for the first time in history.
With the latest adjustment, gold prices have now increased for the fourth consecutive time.