Bangladesh, Jan. 30 -- Gold prices in Bangladesh soared to a new all-time high on Thursday as the rate of 22-carat gold crossed Tk 286,000 per bhori following a sharp hike by the Bangladesh Jewellers Association (BAJUS).

In a notice issued in the morning, BAJUS said the price of 22-carat gold has been raised by Tk 16,213 per bhori to Tk 286,001, with immediate effect.

The latest adjustment has pushed gold prices to a record high withinjust 24 hours and marks the largest single-day increase announced by BAJUS in recent years.

The jewellers' body cited a rise in the local price of pure gold (tejaabi gold) as the main reason behind the latest hike, saying the new rates were fixed after reviewing the overall market situation.

Under the re...