• Financial

The price of gold is increasing again

  • Financial
  • 07 January, 2023 23:38:56

Photo: Collected

News Desk : Gold is being sold at the highest price in the history of the country after increasing several times. In this situation, the price of gold is going to increase one more time. Bangladesh Jewelers Association (BAJUS) is going to decide to increase the price of tazabi gold (seasoned gold) in the international and local markets.

According to related sources, after the latest price increase in the country's market, the price of gold per ounce in the world market has already increased above 40 dollars. Moreover, the price of acidic gold has also increased in the local market. For this reason, a plan has been taken to increase the price of gold in the country's market.

The Standing Committee on Price Determination and Price Monitoring of Bajus will decide how much the price of gold will increase in the country's market. The committee will hold a meeting on Saturday (January 7) to determine the price of gold. Through that meeting it will be decided how much the price of gold will be increased. After that, Bajus will officially announce the increase in gold prices, said the source.

Last year, the price of gold was increased in the market on December 30 last year. Before that Bajus increased gold prices on December 4 and November 18 and 13. This precious metal has risen to the highest price in the history of the country due to increasing the price.

On December 30, the price of best quality or 22 carat gold (11.664 grams) was increased by Tk 1,166 to Tk 88,413. Never before in the history of the country has the price of one gold bag been 88 thousand taka.

Along with good quality gold, the gold price of all treasures is increased. The price of gold per 21 carat was increased by Tk 108 to Tk 84 thousand 389. In addition, Bajus increased the price of gold by 933 taka to 72 thousand 317 taka per 18 carat and the price of traditional gold by 817 taka to 60 thousand 303 taka. Currently gold is being sold at this price.

After increasing the price in the domestic market, the price of gold per ounce in the world market increased by 41.41 dollars in the last one week. The price of one ounce of gold has increased by 1 thousand 865.79 dollars. After June 10 of last year, the price of gold in the world market has not been so high. Last week's gold price rose by $32.60, or 1.78 percent, on Friday, the last day of the week.

Apart from gold, the price of platinum also increased in the global market last week. However, the price of silver has decreased slightly. In the last one week, the price of silver decreased by 0.56 percent to 23.83 dollars per ounce. And the price of platinum increased by 1.92 percent to 1 thousand 90.06 dollars.

When contacted, Chairman of the Standing Committee on Bajus Pricing and Price Monitoring, MA Hannan Azad told Jago News, "We have seen the increase in the price of gold in the world market. Apart from this, the price of acidic gold has also increased in the local market. Taking into account the overall situation, the price of gold will be increased in the country's market.

He said, today there is a meeting of the standing committee regarding price determination and price monitoring. We will decide the price of gold by this meeting. We will determine a reasonable price by considering the global market price and the local market price. Committee members as well as senior members of the association will be consulted in this regard.

 

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