Jewellers have inflated the price of gold by Tk 629 to Tk 1,19,427 per bhori on the market in Bangladesh.

The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Sunday (April 21).

The price of 22-carat gold is now Tk 1,19,427 a bhori while it is Tk 1,14,004 for 21-carat said a press release signed by Committee chairman Masudur Rahman.

The price of 18-carat gold has been fixed at Tk 97,709 a bhori while that of traditional gold is at Tk 78,662. New tariffs came into effect this evening, the release said.

The price of 22-carat silver is Tk 180 per gram while 21-carat is Tk 172 and the price is Tk 147 per gram of 18-carat silver and Tk 110 for traditional one.

Earlier on April 8, the price of gold was reached a record high of Tk 1,19,638 per bhori.