The Bangladesh Jewelers Association (BAJUS) has raised the price of gold by Tk 1,154 per bhori for the local market with effect from Thursday.
The decision was made by the BAJUS Standing Committee on Pricing and Price Monitoring during a meeting on Wednesday, according to a media release.
Gold price reduced by Tk1,890 per bhori, remains over Tk 140,000
Earlier, on Monday, BAJUS had lowered the price of gold by Tk 1,890 per bhori, effective from Tuesday.
Under the updated pricing, the cost of good quality 22-carat gold now stands at Tk 138,708 per bhori (1 bhori (11.664 grams).
The revised rates for other categories are 21-carat solid gold: Tk 132,398 per bhori, 18-carat gold: Tk 113,490 per bhori, traditional gold: Tk 93,160 per bhori.
While gold prices have increased, the price of silver remains unchanged.
As per the current rates, the price of one bhori of silver by category is 22-carat: Tk 2,577, 21-carat: Tk 2,449, 18-carat: Tk 2,111, and traditional method: Tk 1,586.