Gold has climbed to a new all-time high in the country after yet another price hike, marking the third increase in just five days.
The price of 22-carat gold rose by Tk 2,625 per bhori on Wednesday, pushing the new rate to Tk 234,680. With this jump, gold has now broken all previous records and reached its highest level in Bangladesh’s market history.
BAJUS said the latest adjustment reflects a spike in the price of pure gold in the local market. The new rates take effect on Thursday.
The BAJUS Standing Committee on Pricing approved the increase in a meeting on Wednesday, and the decision was later announced in a notice signed by committee chairman Dr Dewan Aminul Islam Shaheen.
Gold prices have been rising sharply throughout the week. On January 13, the rate went up by Tk 4,199 per bhori, following a Tk 1,050 hike on January 11.
In total, 22-carat gold has climbed Tk 7,874 across three adjustments.
The previous record of 232,055 taka per bhori, set just two days earlier, has now been overtaken.
Under the latest hike:
22-carat gold now stands at Tk 2,34,680 per bhori
21-carat gold rises by Tk 2,508 to Tk 2,24,407
18-carat gold increases by Tk 2,099 to Tk 1,91,989
Traditional gold goes up by Tk 350 to Tk 1,57,231
While gold prices continue to surge, silver rates remain unchanged. BAJUS set 22-carat silver at Tk 5,949, 21-carat at Tk 5,715, 18-carat at Tk 4,899 and traditional silver at Tk 3,674.
Jewelers say the repeated hikes mirror global volatility and rising demand, pushing local gold to its most expensive point ever.