Gold price hits new record at Tk 191,196 per bhori

The price of gold has surged again in the local market, with Bangladesh Jewellers’ Association (BAJUS) setting a new record of Tk 191,196 per bhori (22-carat), up by Tk 1,574.

BAJUS announced the revised rates in a press release on Monday night, saying the new prices will take effect from Tuesday.

According to the release, the price of pure gold (tejabi) has increased in the local market. 

Considering the overall situation, BAJUS has adjusted the rates accordingly.

As per the new price chart, 22-carat gold will now cost Tk 191,196 per bhori (11.664 grams).

Besides, the price of 21-carat gold has been fixed at Tk 182,495 per bhori, 18-carat at Tk 156,426, and traditional method gold at Tk 129,797 per bhori.

In addition to the sales price, buyers must also pay a government-fixed 5 percent VAT and a minimum making charge of 6 percent set by BAJUS. 

But, the making charge may vary depending on design and quality of jewellery.

Earlier, on September 20, BAJUS last revised gold prices, when the 22-carat rate was increased by Tk 1,155 to Tk 189,307 per bhori.