The Bangladesh Jewellers Samity (BAJUS) has decided to raise the price per bhori of gold by Tk1,400. As a result, the price of high quality or 22 carat gold will now stand at Tk50,738.
The new price will be effective from Wednesday, January 10, according to a BAJUS press release on Tuesday.
According to the release, every bhori (11.664 grams) of 22 carat gold will be sold at Tk50,738, 21 carat gold at Tk48,406, and 18 carat gold at Tk43,157. Gold made using the traditional method will be sold at Tk26,536 per bhori.
However, the price of silver will stay unchanged at Tk1,050 per bhori.
Previously, every bhori of 22 carat gold was valued at Tk49,339, 21 carat gold at Tk47,123, and 18 carat gold at Tk41,874. Gold made under the traditional system was valued at Tk25,661.
According to businessmen in the jewellery industry, 22 carat gold contains 91% of the metal, while 21 carat gold contains 87%, and 18 carat gold 75%.