Gold price increases by Tk2 613 per bhori in Bangladesh

Artistic representation for Gold price increases by Tk2 613 per bhori in Bangladesh

The price of 22-carat gold has been increasing steadily over the past few years, with a significant jump in 2020. The price of 22-carat gold rose by Tk 1,500 per bhori in 2020 compared to the previous year. This increase was largely due to the global demand for gold, which led to a surge in prices. The price of 22-carat gold has also been influenced by the country’s economic situation. The government’s decision to devalue the currency has led to a decrease in the purchasing power of the local currency, making gold more expensive for consumers. The price of 22-carat gold is now set at Tk1,53,475 per bhori, which is a significant increase from the previous price of Tk1,52,000 per bhori. This increase is largely due to the rising price of pure gold, which has been influenced by global demand and the country’s economic situation. The Bangladesh Jeweller’s Association (Bajus) has set the new price for 22-carat gold at Tk1,53,475 per bhori.

The Gold Price Hike

The price of gold has been on a steady rise in recent months, with the latest adjustment being the 14th this year. This upward trend has been attributed to various factors, including the ongoing global economic uncertainty and the increasing demand for safe-haven assets. The price of gold has been increased 10 times so far this year, with the most recent adjustment being the 14th.

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