Gold prices fall again in the country



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As of Tuesday, 22 karat gold was selling for Tk 83,833, 21 karat gold at Tk 80,064, 18 karat gold at Tk 61,938 and traditional gold at Tk 51,613. As of Wednesday 22, 21, 18 karat and the traditional gold fill method is reduced by Rs 1,117.

Gold prices have been rising on the international market for several months. That is why traders have increased prices in the country market from time to time. The Jewelers Association increased the price of gold by Tk 5,625 on June 23, Tk 2,918 on July 24 and Tk 4,433 on August 8. Then, in two stages, it decreased to 4,956 rupees.
Gold prices fell on the world market during the month of November. But a few months ago, the price of this metal, known as a safe investment, soared.

Tensions between the United States and China, a second wave of coronavirus, and a weaker dollar have made gold a safe investment. However, the situation changed when the corona vaccine and the US presidential elections were interrupted. On November 20, the price of gold per ounce (31.10346 grams) on the world market was 1 thousand 61 dollars. On Tuesday, it dropped further to $ 1,611.

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