Gold prices rise after two consecutive cuts
, June 27 -- Bangladesh Jewellers Association (Bajus) on Saturday raised the price of gold in the domestic market by Tk 5,482 per bhori, ending a brief two-round decline and fixed the new retail price of 22-carat gold at Tk 2,28,556 per bhori.
The new price came into effect from 10:00am.
In a morning circular, Bajus said the revision was made in light of rising prices of pure (tejabi) gold in the local market.
Under the new rates, 21-carat gold has been priced at Tk 2,18,292 per bhori, an increase of Tk 5,249 while 18-carat gold has gone up by Tk 4,490 to Tk 1,87,440 per bhori. Traditional-method (sanatan) gold has been set at Tk 1,53,148 per bhori, up by Tk 3,674.
The new prices will remain in effect at all jewellery establishments a...
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