Dhaka, Feb. 28 -- Gold prices in Bangladesh surged by Tk 7,640 per bhori in a single day as the Bangladesh Jewellers Association (BAJUS) revised rates twice on Saturday, setting the price of 22-carat gold at Tk 268,680 per bhori (11.664 grams).

BAJUS first announced a Tk 4,374 hike in the morning and later raised the price by another Tk 3,266 at night, resulting in a cumulative increase of Tk 7,640 in a day, UNB reports.

In a late-night statement, BAJUS said the new rates were fixed considering the rise in the price of pure gold (tejabi gold) in the local market and the overall market situation.

Under the revised rates, 21-carat gold will cost Tk 256,433 per bhori, while 18-carat gold has been set at Tk 219,808 per bhori. The price of ...