Bajus Raises Gold Price for Third Consecutive Round

The Bangladesh Jewellers Association (Bajus) has increased the price of gold in the domestic market after three consecutive rounds of cuts. The rate of 22-carat gold, including VAT, now stands at Tk 2,37,362 per bhori (11.664 grams). This is a hike of Tk 5,482 per bhori from the previous price.

The new prices came into effect from 10am on September 3. The association said the increase was necessary due to a rise in the price of pure gold (tejabi) in the local market.

Along with 22-carat gold, prices of other categories have also been revised. The new price of 21-carat gold has been set at Tk 2,26,690 per bhori, 18-carat gold at Tk 1,94,614 per bhori, and traditional (sanatan) gold at Tk 1,58,980 per bhori, all inclusive of VAT.

Bajus said the revised rates will remain effective at all jewellery shops until further notice. The association's existing rules on exchange and repurchase of ornaments, excluding VAT, making charges, and stone prices, will remain unchanged.