
After five straight rounds of price reductions, gold prices in the local market have been increased again by the Bangladesh Jewellers Association (BAJUS).
In an announcement on Wednesday morning (May 6), BAJUS said the price of 22-carat gold has been raised by Tk 2,158 per bhori (11.664 grams), setting the new rate at Tk 242,495 per bhori. The revised prices came into effect at 10:00 am the same day.
The association said the adjustment was made due to a rise in the local price of pure gold (tejabi gold). BAJUS added that the decision was taken after reviewing overall market conditions.