Dhaka, March 28 -- Gold prices have surged in Bangladesh once again, hitting a record high ahead of Eid.

The price of 22-carat gold has increased by Tk 1,773 per bhori (11.664 grams), reaching Tk 157,872, the highest ever recorded in the country.

The Bangladesh Jewellers Association (Bajus) issued a statement on Friday, 28 March, confirming the price hike. The new rates will take effect from Saturday, 29 March.

According to the newly set prices by Bajus, the cost of 22-carat gold will be Tk 157,872 per bhori, while 21-carat gold will be priced at Tk 150,699 per bhori. The price of 18-carat gold will be Tk 129,167 per bhori, and the traditional gold, commonly used in jewellery, will be priced at Tk 106,539 per bhori.

Bajus's statement ...