Dhaka, Nov. 10 -- The Bangladesh Jewellers Association (BAJUS) has raised the price of gold by Tk 2,507 per bhori, setting the new rate for 22-carat gold at Tk 2,04,283 per bhori.

The new price will take effect from Tuesday, according to a BAJUS press release issued on Monday night.

BAJUS said the price adjustment came following a rise in the price of pure gold in the local market.

Under the revised rates, the price of 21-carat gold has been set at Tk 1,94,999 per bhori, 18-carat gold at Tk 1,67,145 per bhori, and traditional gold at Tk 1,38,942 per bhori.

Buyers will also have to pay 5 percent VAT fixed by the government and a minimum 6 percent making charge set by BAJUS, which may vary depending on design and craftsmanship.

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