The price of gold is fluctuating quite frequently in the country's market, but the price is reduced, the price of gold is higher in the last one year, i.e. 22 carat gold, the price of gold is 60 thousand taka. The rise in the price of gold in the local market is mainly due to the global market. Their commentary, price and price has reduced the sales due to the price and price.
In some cases, the global market has a gap of 60,000 rupees, and the question arises, on what grounds or standards does the price of gold be determined in Bangladesh? Economists also say that it is unclear how the prices of the country's market to be coordinated with the global market, but the buyers are cheating, but in this situation, they suggested a specific structure for price determination and an effective policy on importing.
Since the corona pandemic, the price of gold has been rising in the world market for several years. In recent months, the price has been fluctuating abnormally. The global market is also unstable due to the price or the price of the global market. As a result, the price of the price is increasing so much, where will the price be in the end, where will the price stop? There is an unusual price or concern.
in the land of How much is the price in a year
The price of gold per 22 carat was 1 lakh 13 thousand rupees in the last one year, but every time the price has decreased, it has been seen that the price has decreased by 1 lakh 1000 rupees in the last one year.
Gold prices are higher in the world market
in the land of The price of good quality gold rose to the highest in history on April 22. Bangladesh Jutelar Association (BAJUS) announced the price of gold per 22 carat value (11.664 grams) at noon of Tk 1 lakh 77 thousand on that day. However, the price of the evening fell again at Tk 1 lakh 72 thousand 546. So far, gold is being sold at this rate.
The international market price review has been shown that the price of gold determined by Bajus is not only the highest in the country's history, but the current international price has also been better than neighboring India.
The latest in the US spot market in New York's spot market (28.3495 grams) was traded at a minimum of 22 carat gold at a minimum of 3,334 dollars, and the price of gold was traded at Tk 1,67,351 per 122 taka. Gold is being traded at least 5 thousand taka higher per load.
According to the news of Indian media outlet Angeli Bangla's online portal, the jutes' association of that country is tied to the market price, yesterday it was sold at 9 thousand 89 rupees per gram.
According to the Khalee Times of the United Arab Emirates, the price of 22 carat gold per gram in Dubai is 367.75 dirhams per dirham. The price of gold is 1 lakh 43 thousand taka per dirham.
A source of business is known, the gold traders of Tantibazar in old Dhaka mainly buy new and old gold in their hands.
Bajus vice president Masudur Rahman told Samakal that the price in the world market is high in the country. The impact of this is mainly due to the price of Tejabi gold or the price of bajus. There is no strategy here, but due to price, the sales have reduced to half in the last few years, but there are various problems including LC complications in gold import, he said.
Why is the price in the world market
According to the economists and the global geopolitical tension, the current trade war between the United States and China, the US has a similar uncertainty to the export of the dollar, and the price of the dollar is the lowest in the world.
More market forecasts in the world market
US investment bank Goldman Sachs has recently forecast a 35 percent recession in the US economy, which was 20 percent earlier, which said the US Center for the Federal Reserve (Fed) could reduce interest rates, which will further increase the demand for gold.
The company has revised its previous forecast of gold prices in the past, and the company had previously predicted that the price of gold would rise up to $3,300 per ounce, in the new analysis, they say, that the price per ounce could fluctuate between $3,650 and 3,950. It could be fixed at an average of $3,700 at the end of the year.
in the land of Vice-Chancellor (Administration) and Economist Professor Dr. thinks that a structure or structure needs to be created in calculating the price of gold. Satama Haq Vidisha. He told Samakal that the common people do not understand the exact way in the country. The price of gold is sold or priced in the country, but the price is being raised in the country for a few days. It is not clear whether the price of gold is due or decreased.
This economist thinks that the price of the buyer is in trouble or the buyer is in trouble. He said, "someone is planning to buy a full of jewelery in the next week. After a week, it was seen that four to five thousand taka has been lost. Then it is seen that the plan to buy his jewelery has collapsed. So the country's price of gold is being determined by some reason or standard, the price of the country is being determined by the global price, with the global price of which is very much a crisis.
Dr. Satama Haque Vidisha said, now it is necessary to have a specific policy for importing the baggage rule or from abroad in various ways. If there is a specific policy for importing legal channels, then everyone will be aware of the rate. He thinks that there should be updated information on the amount of demand, how much is being imported.
Referring to the global marketability that Bangladesh has a pricelessness in the global market, the economist said, "Global instability, market downturn, and stock market downturns are going to be invested in gold. It is true that the price of gold is correct, but how reasonable the price to raise in Bangladesh is to consider how reasonable the price of the world market is. It should be seen how much it is in line with the global market price."
