Dhaka, July 27 -- The Bangladesh Jewellers' Association (Bajus) on Monday raised the price of gold by Tk 2,216 per bhori, setting the new price of 22-karat gold at Tk 223,074 per bhori, including VAT.

In a notice issued Monday morning, Bajus said the upward revision was made in view of a rise in the price of pure gold in the local market. The new rates took effect from 10 am the same day.

Under the revised rates, a bhori (11.664 grams) of 22-karat gold ornaments will now cost Tk 223,074, including VAT.

The price of 21-karat gold was raised by Tk 2,100 to Tk 213,043 per bhori, while 18-karat gold went up by Tk 1,750 to Tk 182,950. The price of traditional gold ornaments was increased by Tk 1,458 to Tk 149,474 per bhori.

Bajus said the ...