Gold prices have decreased in the domestic market. The Bangladesh Jewellers Association (BAJUS) has set a new price list, effective today, Wednesday (November 11), for gold sold across the country.
New Price Structure
According to the newly announced price list, the rate for per bhori (11.664 grams) of high-quality gold has been revised. The new rates have come into effect in the retail market, according to sources.Market Situation
Traders believe the price reduction will bring some stability to the gold market. The lower prices are expected to slightly increase consumer interest in purchasing gold. However, the overall market trend will depend on international prices and local demand.Analysts note that domestic gold prices are typically adjusted in line with fluctuations in the international market. Today's adjustment reflects a decrease in the local market price.
