Gold price hits record breaking 1,06,376 taka per pound in Bangladesh market

Gold price hits record breaking 1,06,376 taka per pound in Bangladesh market

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However, the price of silver remained unchanged. 22 carat silver price per Bhori is Tk 1,715, 21 carat silver price per Bhori is Tk 1,633, 18 carat silver price per Bhori is Tk 1,400 while traditional method silver price per Bhori is Tk 1,050.

In July, the price of gold in Bangladesh crossed 100,000 taka for the first time.

Gold prices have been rising for more than a year due to rising prices in the international market and supply volatility in the domestic market.

Although Bangladesh does not import any significant quantities of gold, its prices are roughly linked to international trends.

In Bangladesh, the annual demand for gold was between 20 tonnes and 40 tonnes.

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