Myanmar's domestic gold price has been on the rise since earlier this month, registering at over 1.85 million kyats (over 1,062.5 U.S. dollars) per tical on Tuesday, according to latest figures from the Yangon Region Gold Entrepreneurs Association, Xinhua reported.

The country's domestic gold price reached its highest record of 1.9 million kyats (over 1,085.7 U.S. dollars) per tical on Sept. 11 this year.

The global gold price was recorded at 1,761 U.S. dollars per ounce on Tuesday.

The domestic gold price has surged from around 1.3 million kyats (742.8 U.S. dollars) per tical in April this year, according to the market data.