Gold prices rise again to record

Apart from good quality gold, the price of all types of gold has been increased. According to the standard, the price of gold has been increased from Tk 1,500 to Tk 1,283. However, silver prices did not come unchanged.

According to the notification, the price of acidic gold has increased in the local market. Therefore, considering the overall situation, Bangladesh Jewelery Association has fixed the new price of gold, which will be effective from 11th September. Earlier, the price of gold was increased on August 22.

Earlier, on August 18, gold prices were reduced slightly. But before that, gold prices were hiked on August 4 and 7 and July 27 and 29.

According to the new prices, the price of best quality gold or 22 carats (11.664 grams) has been increased by Tk 1,283 to Tk 84,564. Earlier, the price of a good quality gold bar in the country's market was 84 thousand 331 taka. In other words, breaking all the records of the past, gold has reached the highest price in the country's market.

Meanwhile, the price of gold per 21 carat has been increased by Tk 1,225 to Tk 80,715. The price of 18 carat gold has been increased by Tk 1,500 to Tk 69,168. And the traditional gold price has been increased by 1 thousand 167 taka to 57 thousand 387 taka.

Although the price of gold has increased, the price of silver has remained unchanged. The price of 22 carat silver has been fixed at 1 thousand 516 taka. The price of 21 carat silver has been fixed at Tk 1,435, 18 carat at Tk 1,225 and traditional silver at Tk 933.

Earlier on August 22, the price of best quality or 22 carat gold was increased by Tk 1,225 to Tk 83,281, the price of 21 carat was increased by Tk 1,166 to Tk 79,490, and the price of 18 carat was Tk 992. Increased by 68 thousand 118 taka and 933 taka of gold per traditional method to 56 thousand 220 taka.

By: Mohtasim Fuad

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