Following the global market rally, the Bangladesh Jewellers Association (BAJUS) announced a new record-high price for gold in the local market on Tuesday evening.
From Wednesday, the price of 22-carat gold will rise to Tk 185,947 per bhori, up from Tk 178,832 earlier this month and Tk 182,809 per bhori on Tuesday.
According to a BAJUS press release, the series of frequent price hikes are intended to adjust to the rising price of pure gold in the global market.
Buyers will also need to pay an additional 5 per cent VAT set by the government, along with a minimum 6 per cent making charge fixed by BAJUS. The making charge may vary depending on the design and quality of the jewelry, the release added.
