Gold prices hit an all-time high in Bangladesh

Gold prices in the country have increased again, setting a new record. The price of each bhori of 22-carat (11.664 grams) gold has been increased by Tk 1,190, bringing the cost of the precious yellow metal to Tk 120,081.

This will mark the highest gold price ever recorded in Bangladesh, effective Monday.

The Bangladesh Jewellers' Association (BAJUS) announced the price hike in a press release on Sunday, attributing the increase to the rising cost of pure gold in the local market.

Previously, on April 21, gold prices had reached a peak of Tk 119,638 per bhori. Following several fluctuations, the current price has now surpassed that previous high.