Jewellers have inflated the price of gold by Tk3,581 to Tk1,29,902 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market.

The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Saturday (September 14).

The price of 22-carat gold will now be Tk11,137 per gram, and 21-carat Tk10,631 per gram, read a press release signed by the committee chairman, Masudur Rahman.

The price of 18-carat gold has been fixed at Tk9,112 a gram while that of traditional gold at Tk7,460 per gram.

New tariffs would come into effect on Sunday, the release added.

However, prices of silver remained unchanged.

The price of 22-carat silver is Tk180 per gram, 21-carat Tk172, 18-carat Tk147, and traditional one is Tk110 per gram.