Gold prices in Bangladesh have reached a new record, with the Bangladesh Jewellers Association raising the price of 22-carat gold by Tk2,621 per bhori in a single day. The new price has been set at Tk234,676 per bhori, up from Tk232,055 on Wednesday, and will take effect from Thursday.
The decision to increase prices was made due to rising international market rates and growing local demand, the association said in a press release issued on Wednesday evening.
Under the new rates, 21-carat gold will cost Tk224,003 per bhori, while 18-carat gold will be sold at Tk191,986 per bhori. Gold made using traditional methods will be priced at Tk157,228 per bhori.
Silver prices have also seen an increase. The price of 22-carat silver is now Tk5,949 per bhori, 21-carat silver is priced at Tk5,715 per bhori, and 18-carat silver will cost Tk4,899 per bhori. Silver produced using traditional methods will be sold at Tk3,674 per bhori.
Earlier, on 29 December, gold prices in the domestic market had already broken records, reaching Tk229,431 per bhori.
