Dhaka, March 31 -- Gold prices in Bangladesh rose sharply on Tuesday with the price of 22-carat gold increasing by Tk 3,266 per bhori, according to the Bangladesh Jewellers Association (BAJUS).

In a statement issued in the morning, BAJUS said the new price has been set at Tk 244,711 per bhori (11.664 grams) of 22-carat gold, effective immediately.

The association attributed the latest hike to a rise in the price of pure gold (tejabi gold) in the local market, prompting an adjustment in overall pricing.

Under the revised rates, 21-carat gold will cost Tk 233,572 per bhori, while 18-carat gold has been priced at Tk 200,213 per bhori. The price of gold produced through traditional methods has been set at Tk 163,063 per bhori.

Previously,...