Gold prices hit record highs in Global markets
![](https://rtvonline.com/english/assets/news_photos/2024/05/19/image-14485-1716104431.jpg)
The price of gold is increasing by leaps and bounds in the world market. For the first time in history, the price of an ounce of gold exceeded $2,414. Only since January, the price of gold in the international market has increased above 350 dollars.
Analysts say the rise in gold prices has been fueled by wars around the world, geopolitical tensions, fears about the US economy and massive purchases by central banks. Especially in the economic uncertainty, the countries want to leave the dollar and rely on gold. So the central banks increased their gold purchases massively. The central banks of the world have continued to buy gold for 14 consecutive years.
In addition to creating a new history in the world market in the price of gold, a new record of the highest price of gold ornaments has been created in the Bangladesh market.
From Sunday (May 19), buyers will have to pay Tk 1 lakh 31 thousand 491 per bhori of gold ornaments including VAT and wages. The price of gold ornaments has never been so high in the country's market before.
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