Gold price hits new record in world market, may increase Bangladesh as well

Rtv news

17 Aug 2024, 15:12

Photo: Collected

Gold price have already created a new history by breaking all previous records. Prices of per ounce gold touched 2 thousand 500 dollars for the first time in the world market.

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Gold price in the world market is increasing by leaps and bounds, the price of this metal can be increased at any time in the domestic market as well. Currently, gold is being sold at a record price in the country's market. If the price is increased again, the price of gold will break all previous records.

Bangladesh Jewelers Association (BAJUS) is responsible for determining the price of gold in the country's market. Bajus Standing Committee on Pricing and Price Monitoring Committee decides to increase or decrease the price of gold on behalf of the organization. A member of this committee said that there is no option to increase the gold price in the country as the price in the world market is very high.

He said, Bajus Standing Committee on Pricing and Price Monitoring Committee will decide to increase the price of gold after reviewing the price of matured gold in international market and local market. The committee will decide how much the gold price will be increased. After determining the price of gold in the domestic market, the price of gold per ounce has increased by 100 dollars in the world market. Naturally, the price of gold will increase in the country's market.

In the review of the data, at the beginning of last week, the price of gold per ounce was 2 thousand 428.07 dollars. From there, the price of gold per ounce increased and settled at 2 thousand 507.82 dollars at the end of the week. That is, the price of gold per ounce increased by 79.75 dollars or 3.18 percent during the week. In the last working day of the week, the price of gold per ounce increased by 50.48 dollars or 2.05 percent.

Meanwhile, the price of gold in the country's market was last determined on July 14. Which is effective from July 15. The Bajus Standing Committee on Pricing and Price Monitoring Committee, the price of the best quality or 22 carat gold (11.664 grams) increased by 1,190 taka and per bhori gold price is now 1,20,081 taka. Through this, gold has risen to the highest price in the history of the country's market.

Earlier, per bhori gold was sold at the highest price of Tk 1,19,638 in the country's market. Gold was sold at this price from 18 April 7 pm to 3:30 am on 20 April this year.

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