Dhaka, April 2 -- The gold market in Bangladesh has been more volatile than ever, with prices changing 17 times in the past three months, overwhelmingly moving upwards.

But why have gold prices been rising so frequently? Traders and analysts attribute this to the aggressive policies of central banks worldwide. In 2024, for the third consecutive year, central banks collectively purchased over 1,000 tons of gold, contributing significantly to the price surge.

The Bangladesh Jewellers' Association (BAJUS) regulates local gold prices. Over the last three months, the association has raised prices 14 times and lowered them three times.

As a result, the price of gold has increased by Tk 47,000 per bhori compared to a year ago. During Eid-ul-F...