Gold hits Tk 2.13 lakh per bhori amid rising global and local demand

Gold prices in Bangladesh have surged to an all-time high, with 22-carat (916 purity) gold now trading at Tk 2,13,719 per bhori (11.664 grams), a jump of Tk 4,618 from the previous rate. The new benchmark, announced by the Bangladesh Jewelers’ Association (BAJUS), takes effect from Tuesday, October 14. The revision follows a sharp uptick in the domestic price of acid gold (refined 24-carat gold), driven by elevated global bullion prices and strong local demand ahead of the wedding and festive season. The BAJUS Standing Committee on Pricing and Price Monitoring finalised the adjustment during a meeting on Monday, 13 October, with the updated rate formally notified by committee chairman Masudur Rahman. This latest hike underscores the continued pressure on...