Bangladesh, Aug. 13 -- The Bangladesh Jewellers Association (Bajus) has once again raised the price of gold in the local market, increasing the rate of 22-carat gold by Tk 1,633 per bhori to Tk 2,36,779, including VAT.

Advertisement Bajus announced the new price in a notice on Thursday, saying the revised rates came into effect from 10am the same day, reports UNB.

The organisation said the adjustment was made in view of the recent rise in the price of pure gold in the local market, prompting an overall reassessment of VAT-inclusive gold prices.

Under the new rates, a bhori (11.664 grams) of 21-carat gold will now cost Tk 2,26,165, while 18-carat gold has been set at Tk 1,94,206 per bhori. The price of traditional gold has been fixed a...