Bangladesh, Aug. 26 -- Price of gold in the local market has increased significantly in the last one year mainly due to the change in the international market.

However, it was expected by the buyers to witness a stable gold market following the government's scheme to legalise undeclared gold.

According to data available with Bangladesh Jewellers Samity (BAJUS), the price of per bhori 22-carat gold has increased by Tk 9,390 in a year.

The value of per bhori 22-carat gold was Tk 47,472 on August 06 last year (2018), which has been increased to Tk 56,862 on August 19 this year (2019).

One bhori equals to 11.664 grams.

The BAJUS, trade association of local jewellers, fixes per gram price of gold.

The trade body revised the cost of per bho...