Dhaka, April 20 -- The latest hike in gold prices in Bangladesh has pushed the precious metal's value beyond levels anticipated from global market trends.
On Sunday, high-quality 22-carat gold was being sold at Tk 167,833 per bhori (11.664 grams), marking the highest price ever recorded in the country, UNB reports.
This follows the most recent price revision, which came into effect today.
Meanwhile, Goldman Sachs has forecast that the global price of gold could reach USD 3,700 per ounce by the end of 2025. One ounce equals 31.1035 grams.
The Bangladesh Jewellers' Association (Bajus) has fixed the 22-carat gold price at Tk 14,389 per gram. Accordingly, the local price of one ounce of gold stands at Tk 447,548.
But, the current spot pr...
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