Gold prices rise

Gold prices in Bangladesh rebounded on Saturday after four consecutive reductions, with the Bangladesh Jewellers Association (BAJUS) raising the price of 22-carat gold by Tk 6,590 per bhori.

Under the revised rates, the price of 22-carat gold has been set at Tk 224,940 per bhori (11.664 grams), effective from 10am on Saturday, according to a BAJUS statement.

The association said the new prices were fixed in view of the increase in the price of pure gold (tejabi gold) in the local market and the overall market situation.

The price of 21-carat gold has been set at Tk 214,734 per bhori, while 18-carat gold will cost Tk 184,058 per bhori. Gold produced under the traditional method has been priced at Tk 149,882 per bhori.

BAJUS last adjusted gold prices on June 11, when it reduced the price of 22-carat gold by Tk 4,432 per bhori, setting it at Tk 218,350.