Gold prices have reached a historic high, with the price of a bhori crossing Tk 244,000 following a fresh hike announced by the Bangladesh Jewellers Association (BAJUS).
In a statement issued on Tuesday, BAJUS said gold prices have been increased by up to Tk 5,249 per bhori, with the new rates set to take effect from Wednesday, January 21.
As a result, the price of premium-quality gold has exceeded Tk 244,000 per bhori for the first time in the country’s history.
BAJUS attributed the price hike to a surge in the global market price of pure gold, which has directly impacted the local market.
According to GoldPrice.org, a widely used global reference for precious metals, gold prices in the international market have risen sharply, with prices crossing $4,745 per ounce.
Under the revised rates, the price of 22-carat gold has been set at Tk 244,128 per bhori, 21-carat gold at Tk 232,988 per bhori, and 18-carat gold at Tk 199,746 per bhori. Gold produced under the traditional method will now cost Tk 163,821 per bhori.
Silver prices have also been increased alongside gold. The price of 22-carat silver has been fixed at Tk 6,590 per bhori, while 21-carat silver will sell at Tk 5,299 per bhori. The price of 18-carat silver has been set at Tk 5,424 per bhori, and traditional-method silver at Tk 4,082 per bhori.
The latest adjustment reflects continued volatility in the global precious metals market, which industry insiders say is influencing domestic pricing trends.
