Dhaka, April 26 -- Gold prices in Bangladesh have surged to historic highs, fuelling concern and confusion among consumers and traders alike as rates now significantly outpace those in neighbouring India and even global trading hubs such as Dubai. As of Wednesday, the price of gold in Bangladesh stood at Tk 1.72 lakh per bhori (11.664 grams), equivalent to $1,414 - compared to $1,189 in India and $1,137 in Dubai. The day before, prices had reached an all-time high of Tk 1.77 lakh per bhori, before easing slightly. The persistent rise-marking the 19th hike this year by the Bangladesh Jewellers' Association (BAJUS)-has been attributed to a complex combination of domestic supply shortages, currency depreciation, and an overreliance on informal...
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