Dhaka, June 22 -- Bangladesh Jeweller's Association (BAJUS) on Monday raised the gold price in the domestic market by Tk 4,432 per bhori, ending a two-round decline, with 22-carat gold now priced at Tk 2,30,772 per bhori.

In a notice issued in the morning, BAJUS cited a rise in the price of pure gold (tejabi gold) in the local market as the reason behind the upward revision.

According to the new rates, 21-carat gold will be sold at Tk 2,20,391 per bhori, 18-carat at Tk 1,89,248, and traditional-method gold at Tk 1,54,606 per bhori.

BAJUS said the revised price will remain in effect at all jewellery shops across the country until further notice, though applicable making charges will vary by design.

It also clarified that since VAT is a...