Dhaka, Jan. 12 -- Gold prices in Bangladesh soared to an all-time high as the Bangladesh Jewellers Association (BAJUS) raised the price of gold by Tk4,199 per bhori, effective from Tuesday morning.

Under the new rate, the price of 22-carat gold has been set at Tk232,055 per bhori (11.664 grams), the highest level ever recorded in the local market.

BAJUS announced the price hike late Monday night, citing an increase in the price of pure gold (tejabi gold) in the local market. Considering the overall market situation, the association said it has revised gold prices accordingly.

According to the new price structure, 21-carat gold will cost Tk221,499 per bhori, while 18-carat gold has been fixed at Tk189,890 per bhori. The price of gold un...