Big difference in gold prices in the country compared to the global market
The price of gold fluctuates quite frequently in the domestic market. However, the amount decreases, but increases more than it does. Thus, in the past year, the price of good quality gold, i.e. 22 carats per bhori, has increased by about 60,000 taka. Traders in this sector claim that such a rise in the price of gold in the local market is mainly due to the global market. According to them, due to the increase in price, there has been a decline in sales. Sales have decreased by half. In some cases, there is a difference of as much as 60,000 taka per bhori compared to the global market. As a result, the question arises, on what basis or criteria is the price of gold determined in Bangladesh? Economists also say that how the price in the domestic market is adjusted with the global market is…
