Gold Price Hits Record Tk2.26 Lakh Per Bhori in Bangladesh

Gold prices have surged to an all-time high in Bangladesh, with the rate climbing above Tk2.26 lakh per bhori (11.664 grams).

Jewellers have raised the price of pure gold by about Tk4,200, setting the new rate at Tk2,26,282 per bhori, following a rise in prices in the local market.

The decision was taken at a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association on Tuesday.

The latest increase came just a day after gold reached a previous record of Tk2,22,082 per bhori.

Under the revised rates, the price of 22-carat gold has been fixed at Tk19,400 per gram, while 21-carat gold will cost Tk18,520 per gram.

The price of 18-carat gold has been set at Tk15,875 per gram, and traditional gold at Tk13,230 per gram.

The new prices will take effect from Wednesday.

Silver prices have also been revised upward. The price of 22-carat silver is now Tk440 per gram, 21-carat Tk420, 18-carat Tk360, and traditional silver Tk270 per gram.

In addition to the listed prices, buyers will have to pay a 5 percent value-added tax set by the government, along with a minimum 6 percent making charge. The making charge may vary depending on design and quality.