Gold prices hit new record high

Gold prices hit new record high

Dhaka, Apr 18 - Gold has become costlier as the Bangladesh Jeweller’s Association (Bajus) has increased prices by Tk 2065 per bhori (11.664 grams).

It has fixed price of 22-carat gold at Tk 119638 per bhori, the highest of all time.

In April, Bajus has increased gold prices thrice so far (April 6, 8 and 18) claiming a price hike in the global market.

The prices of gold are increasing in the global market rapidly due to Middle East tension and the US policy rate cut, said Bajus.

In line with that, the Bajus today (Thursday-April 18) announced the price hike, which came into effect from 7 pm today, according to a press release.

Masudur Rahman, Chairman of the Price Determination and Price Monitoring Standing Committee of Bajus issued the press release.

As per the new price, per bhori (11.664 grams) of 22-carat gold will cost Tk 119638 as Tk 10,257 per gram.

Apart from this, the price of 21-carat gold has been set at Tk114202, 18-carat gold at Tk 97884.

The Bajus also decreased price of traditional gold and set its price at Tk78802 per bhori.

Though the price of gold has increased, the price of silver has been kept unchanged.

According to the category, currently, the price of 22-carat silver is Tk2100, 21-carat is Tk2006, 18-carat is Tk1715 and the price of silver in traditional is Tk1283.-UNB