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Gold prices jump sharply, rising nearly Tk 10,000 per bhori

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Gold prices jump sharply, rising nearly Tk 10,000 per bhori
Gold prices have increased again in the domestic market. The price of the best quality 22-carat gold per bhori (11.664 grams) has been raised by Tk 9,856 in one jump, setting the new price at Tk 232,930.

Bangladesh Jewellers Association (Bajus) said the new price came into effect from 10am on Thursday (August 6).

In Bajus's notice, it was said that the new gold price has been set considering the overall situation due to the increase in the price of raw gold (pure gold) in the local market.

According to the new price list, the price of 22-carat hallmark cadmium gold has been set at Tk 19,970 per gram. The price of 21-carat gold has been set at Tk 19,075 per gram, 18-carat at Tk 16,380 per gram, and traditional-method gold at Tk 13,380 per gram.

Along with gold, Bajus has also revised silver prices. Under the new rates, the price of 22-carat hallmark silver has been set at Tk 420 per gram, 21-carat Tk 400 per gram, 18-carat Tk 345 per gram, and traditional-method silver at Tk 260 per gram.

According to Bajus, so far this year, gold prices have been adjusted a total of 98 times in the domestic market. Of these, prices were increased 48 times, decreased 49 times, and VAT was adjusted once.

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