The Bangladesh Jewellers Association (BAJUS) has once again increased gold prices in the local market, raising the rate by Tk 3,266 per bhori on Wednesday, the first day of April.

According to a statement issued in the morning, the price of 22-carat gold has been set at Tk 247,977 per bhori (11.664 grams).

BAJUS said the latest adjustment was made due to a rise in the price of pure gold (tejabi gold) in the local market, prompting a revision of overall gold rates.

Under the new pricing structure, 21-carat gold will cost Tk 236,721 per bhori, while 18-carat gold has been fixed at Tk 202,895 per bhori. Gold of traditional method has been set at Tk 165,279 per bhori.

The association last revised gold prices on March 31, when it increased the rate by Tk 3,266 per bhori, setting the price of 22-carat gold at Tk 244,711.