Dhaka, Sept. 3 -- Bangladesh Jewellers Association (Bajus) has raised the price of gold in the domestic market after three consecutive rounds of cuts, increasing the rate of 22-carat gold by Tk 5,482 per bhori.

With the latest adjustment, the price of 22-carat gold, including VAT, now stands at Tk 2,37,362 per bhori (11.664 grams), Bajus said in a notice issued Thursday morning.

The new price came into effect from 10am the same day.

The association said the hike was necessitated by a rise in the price of pure gold (tejabi) in the local market.

Along with 22-carat gold, prices of other categories have also been revised. The new price of 21-carat gold has been set at Tk 2,26,690 per bhori, 18-carat gold at Tk 1,94,614 per bhori, and tra...