Staff Reporter :
The prices of gold increased on Monday by Tk1,167 per bhori, although prices of the precious metal went down in the global market on the day amid strengthening dollar and recovery in equities and US bond.
Prices for the precious metal, however, remained steadily high over the month, even touching six-year highs over the first two weeks of August, according to reports by global media.
So, traders in Bangladesh hiked domestic gold prices thrice this month in line with international market.
The latest hike comes on Monday, less than two weeks after the last hike on August 9. As per the new price chart, per bhori gold (22 carat) will be sold Tk56, 862. Besides, per bhori 21 carat gold will be sold at Tk 54,529 and per bhori 28 carat gold at Tk 49,513, according to Bangladesh Jewellers’ Samity (Bajus).
The price for traditional (sanatan) category of gold has been fixed at Tk 29,160 and it was Tk 27,993 before.
(One bhori gold is equivalent to 11.664)
Besides, per gram of 22 carat gold will be sold at Tk 4,875, while per gram 21 carat gold at Tk 4,675.
Previously, per bhori 22 carat gold was sold at Tk 55, 695, per bhori 21carat gold at 53,362 and per bhori 18 carat gold at Tk 48,347. When contacted, Ganga Charan Malakar, president of Bangladesh Jewellers’ Samity told the New Nation that the local gold prices have been made upward in line with international market. He said, gold prices surged to a near six-year pick earlier hitting at $1,392.84, highest since early September 2013, owing to weakening US Dollar, global growth and trade uncertainties amid US-China trade war and Brexit. He added that local gold prices may go up or slide again, as per changes in the international market.
