Gold price rises in Bangladesh after a run of cuts - bdnews24.com

AI desk brief

Bangladesh’s jewellers raised local gold prices after four straight cuts, with 22-carat gold up Tk 2,216 a bhori to Tk 223,074 as BAJUS said the adjustment followed firmer global pricing. The prior four reductions had removed nearly Tk 10,500 from local rates; 21-carat, 18-carat and traditional grades also rose, while silver was left unchanged.

At noon Bangladesh time, spot gold was $4,032.05/oz, down 0.72% on the day but above the $3,995.88/oz level seen when BAJUS last cut local prices on Oct. 25. BAJUS said the domestic market tracks the international market directly, so the local repricing reflects the latest move in global bullion rather than a Bangladesh-specific demand shock.