Gold prices surged again on Saturday, January 23, rising by Tk 6,299 per bhori (11.664 gram), barely hours after a reduction announced on Friday night, January 22, according to the Bangladesh Jewellers Association (BAJUS).
After six consecutive hikes, BAJUS had lowered the price of gold by Tk 3,149 per bhori last night.
The jewellers’ body, however, reversed course today, setting a new record high for gold prices in the country.
In a media release, BAJUS said the price of 22-carat gold has been increased by Tk 6,299 to Tk 255,617 per bhori, the highest ever in Bangladesh.
The new rate will take effect immediately.
BAJUS said the adjustment was made considering the rise in the local market price of tejabi gold (pure gold) and the overall market situation.
Source: UNB