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Dhaka Tribune

Jewellers hike gold prices again

The last time prices of the yellow metal were revised up was on June 23

Update : 23 Jul 2020, 11:15 PM

Jewellers in Bangladesh have revised up prices of gold citing a rise in the international market.

In a statement on Thursday, the Bangladesh Jewellers Samity (BAJUS) said prices of the yellow metal went up by Tk2,915 per bhori (11.664 grams) and that the new prices will be effective from Friday. 

Per bhori of 22-carat gold will now cost Tk72,783, up from Tk69,867. The price of 21-carat gold has been revised up to Tk69,634 while 18-carat gold at Tk60,886.

The prices have been adjusted in line due to a hike in international markets as the US dollar fell due to the China-US trade war along with the economic downturn caused by pandemic, said the Bajus statement.

However, the price of silver remains unchanged at Tk933 per gram.

Amid the Covid-19 pandemic, on June 23, jewellers raised the price of gold by Tk5,825 per bhori, the highest ever increase.

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