The Bangladesh Jewelers Association (BAJUS) has raised the price of gold by Tk 1,878 per bhori for the local market, effective 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.
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Earlier, on November 27, BAJUS had raised the price of gold by Tk 1,154 per bhori.
Under the updated pricing, the cost of good quality 22-carat gold now stands at Tk 140,271 per bhori (1 bhori = 11.664 grams).
The revised rates for other categories are: 21-carat solid gold: Tk 133,902 per bhori, 18-carat gold: Tk 114,773 per bhori, and traditional gold: Tk 94,256 per bhori.
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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.