The price of gold in Bangladesh reached a historic high on Tuesday, just 48 hours after the latest surge, climbing to Tk 124,501 per bhori.
According to a press release issued by the Bangladesh Jeweller’s Association (BAJUS) on Tuesday, the price of 22-carat gold has been raised by Tk 1,516 per bhori (11.664 grams).
This followed a previous increase on Sunday, when the price of gold rose by Tk 2,904 per bhori, from Tk 120,081 to Tk 122,985 per bhori.
In total, gold prices have increased by Tk 4,421 per bhori over the past two days.
The BAJUS press release stated that the new prices will take effect from Wednesday.
On Tuesday, the BAJUS Standing Committee on Pricing and Price Monitoring decided to further increase gold prices.
Under the new rates, the price of 21-carat gold has risen to Tk 118,833 per bhori, up from Tk 117,398 per bhori; 18-carat gold has increased to Tk 101,862 per bhori from Tk 100,625 per bhori; and traditional gold has gone up to Tk 84,214 per bhori from Tk 83,199 per bhori.
The price of silver remains unchanged. Current prices for silver are Tk 2,100 per bhori for 22-carat, Tk 2,006 per bhori for 21-carat, Tk 1,715 per bhori for 18-carat, and Tk 1,283 per bhori for traditional silver.