Gold prices reach a new all-time high in Bangladesh

Gold prices in Bangladesh soared to a historic high on Saturday, with 22-carat gold reaching Tk 1,44,890 per bhori.  

The new prices will take effect from Sunday, according to the Bangladesh Jewellers Association (BAJUS), which cited rising local market rates for pure gold as the reason for the hike.  

This latest increase by BAJUS is the highest in the country's history, with prices rising by up to Tk 2,099 per bhori. From Sunday, 22-carat gold will rise by Tk 2,099 to Tk 1,44,890 per bhori, 21-carat by Tk 1,994 to Tk 1,38,300, 18-carat by Tk 1,714 to Tk 1,18,541, and traditional gold by Tk 1,458 to Tk 97,476.  

Meanwhile, silver prices remain unchanged.  

The surge in gold prices in Bangladesh follows a global trend, with gold reaching a record $2,800 per ounce for the first time, which traders say has contributed to the local price hike.