Gold prices in Bangladesh rose further on Monday, with the highest-quality 22-carat gold increasing by Tk5,424 per bhori (11.664 grams), bringing the rate to Tk2.74 lakh per bhori.
The hike follows a rise in local market rates for refined gold. The new prices came into effect from 10:00am, according to the Bangladesh Jewellers’ Association (BAJUS).
The BAJUS Standing Committee on Pricing and Price Monitoring decided the increase in a meeting on Monday.
A statement signed by committee chairman Dewan Aminul Islam Shahin confirmed the update.
This comes just a day after a previous increase on Sunday, 1 March, when 22-carat gold rose by Tk3,266 per bhori. Within 24 hours, the price was revised again.
Meanwhile, 21-carat gold rose by Tk5,249 to Tk2,61,682 per bhori, 18-carat by Tk4,491 to Tk2,24,299 per bhori, and traditional gold by Tk3,674 to Tk1,83,533 per bhori.
Earlier, on 28 February, 22-carat gold was priced at Tk2,68,680 per bhori, 21-carat at Tk2,56,433, 18-carat at Tk2,19,808, and traditional gold at Tk1,79,859 per bhori. These rates remained until Monday morning.
Silver prices also saw an increase. The price of 22-carat silver rose by Tk176 to Tk7,173 per bhori. Twenty-one carat silver increased by Tk175 to Tk6,882, 18-carat by Tk175 to Tk5,890, and traditional silver by Tk116 to Tk4,432 per bhori.
