Bangladesh Jewellers Association (Bajus) has increased gold prices in the domestic market, effective from 10:15am on Saturday.
Under the new rates, 22-carat hallmarked gold has been fixed at Tk258,824 per bhori, up by Tk3,266 from the previous price of Tk255,558 set last Wednesday.
Bajus said the adjustment was made due to a rise in the prices of pure gold and silver in the market. The decision was taken at a meeting of the Bajus Standing Committee on Pricing and Price Monitoring at 9:30am on Saturday.
Per gram, the price of 22-carat hallmarked gold has been set at Tk22,190, 21-carat hallmarked gold at Tk21,185, 18-carat hallmarked gold at Tk18,155, and traditional gold at Tk14,860.
For silver, the price per gram of 22-carat hallmarked silver has been fixed at Tk575, 21-carat at Tk550, 18-carat at Tk470, and traditional silver at Tk350.
In a notification signed by Bajus Chairman Dewan Aminul Islam Shahin, the association said the new prices will remain effective nationwide until further notice.
The notification also instructed jewellers to collect the government-fixed 5% VAT from customers and deposit it into the state treasury.
