The Bangladesh Jeweler’s Association (BAJUS) has raised the prices of gold, with 22 carat gold up by Tk 1,050 to Tk 1,71,601 per bhori (11.664 grams).

Besides, 21-carat gold was increased by Tk 1,004 to Tk 1,63,798 a bhori, 18-carat by Tk 852 to Tk 1,40,400, and gold of traditional method by Tk 735 to Tk 1,16,127 respectively.

The prices have been hiked following a rise in the price of pure gold in the local market, BAJUS said in a statement on Tuesday, July 22.

The new prices will come into effect from Wednesday, July 23.

Earlier on July 8, the price of 22-carat gold declined by Tk 1,575 to Tk 1,70,551 per bhori, while 21-carat gold decreased by Tk 1,505 to Tk 1,62,794 per bhori.

Similarly, 18-carat gold went down by Tk 1,283 to Tk 1,39,548 per bhori, and traditional gold decreased by Tk 1,096 to Tk 1,15,392 per bhori.