Gold prices to cross Tk 93,000 per bhori for first time

Gold prices to cross Tk 93,000 per bhori for first time

Gold is going to turn even pricier from tomorrow as Bangladesh Jewellers' Association (Bajus) is set to hike its rates for a third consecutive week.

From today, buyers will have to pay about Tk 93,400 to buy each bhori (11.66 grammes) of 22-carat gold, up 3 per cent from that before, said a press release of Bajus yesterday.

It said the price of each gramme of 22-carat gold will be Tk 8,010 from today, a 3 per cent rise from Tk 7,780 yesterday.

It also raised the prices of silver.

Until yesterday, Bangladeshi customers could buy gold jewellery paying Tk 90,714 per bhori, which was raised from Tk 88,382 per bhori on December 30.

Bajus said prices of pure gold went up in the local markets. Under the circumstances, its standing committee on pricing and price monitoring at a meeting decided the new rates for gold and silver.