Gold prices rise again by Tk1,166 per bhori

FT ONLINE

The gold prices will increase by Tk1,166 per bhori in the local bullion market from Sunday to reflect the rising of the exchange rate of the US dollar against the Bangladeshi Taka.

Bangladesh Jewellers' Association made the announcement on Saturday evening by issuing a press release signed by the organisation's General Secretary Dilip Kumar Agarwal.

According to the press release, the price of 22-carat gold per bhori will increase from Tk56,862 to Tk58,028. Meanwhile, the price of 21-carat gold per bhori will be sold for Tk55,695 and 18-carat per bhori for Tk 50,680.

However, the prices of traditional gold and silver per bhori have remained unchanged.

Dilip Kumar Agarwal said, "Gold prices increased in the local bullion market, as the exchange rate of US dollar rose against the Bangladesh Taka. Under the circumstances, we have increased the prices of gold."