Jewellers have inflated the gold price by Tk1610 to Tk1,18,891 per bhori on the market in Bangladesh amid a price hike of soft yellow malleable ductile.

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

The price of 22-carat gold is now Tk10,193 per gram, while it is Tk9,370 for 21-carat, read a press release signed by committee chairman Masudur Rahman.

The price of 18-carat gold has been fixed at Tk8,340 a gram, while that of traditional gold is at Tk6,895 a gram. The new tariffs will come into effect on Monday, the release added.

The price of 22-carat silver is Tk180 per gram while 21-carat Tk172 per gram and the price is Tk147 per gram of 18-carat silver and Tk110 for traditional one.