The price of 22-carat gold skyrocketed to an unprecedented Tk1,12,908 per bhori, marking a historic pinnacle in Bangladesh’s economic landscape.
This surge, announced by the Bangladesh Jewellers’ Association (Bajus), is attributed to the remarkable uptick in the global gold market. The decision was reached during a meeting of Bajus’s standing committee on pricing and price monitoring, as outlined in a statement released post the Wednesday gathering.
Effective from Thursday, the new gold price adjustments reveal a substantial increase across various carat categories. A 21-carat gold bar now commands Tk1,07,776, while 18-carat gold is priced at Tk92,379. This represents a notable escalation from the previous price of Tk1.1 lakh for 22-carat gold ornaments.
Notably, in July of the preceding year, gold breached the Tk1,00,000-mark for the first time in Bangladesh, foreshadowing the persistent climb in gold prices over the past year. This upward trend has been influenced by fluctuations in the international market and supply volatility in the domestic market.
Investors and consumers alike are closely monitoring this historic surge in gold prices, reflecting the broader impact of global market dynamics on Bangladesh’s economic landscape.
