, Feb. 23 -- Gold prices in Bangladesh have been raised by Tk 2,216 per bhori, with the new rate for 22-carat gold set at Tk 2,61,040, Bangladesh Jewellers Association (Bajus) announced on Monday.

In a statement issued in the morning, the association said the decision was taken in view of a rise in the price of pure gold in the local market and considering the overall market situation.

Under the revised rates, 21-carat gold will cost Tk 2,49,143 per bhori (11.664 grams), while 18-carat gold has been priced at Tk 2,13,568 per bhori.

The gold of the traditional method has been fixed at Tk 1,74,785 per bhori.

The selling price must include a mandatory 5 percent government-set VAT and a minimum 6 percent making charge set by Bajus.

Howev...