Gold prices have increased again in the world market, how much is it in the country?

Gold prices in the United Arab Emirates have broken records again. Since Friday (October 03) morning, 22-carat gold has increased by 2 dirhams per gram and was sold at 430.50 dirhams in the evening. It was 429 dirhams in the morning. At the same time, 24-carat gold stood at 465 dirhams, which was 463.25 dirhams in the morning. News Gulf News

Just seven days ago, 24-carat gold was 452.25 dirhams and 22-carat 418.75 dirhams in the Dubai market. In the Indian market, 24-carat gold was sold at 11,869 rupees per gram and 22-carat 10,880 rupees on Friday morning.

The price of gold in the world market is still above $ 3,800 per ounce. The Federal Reserve's policy expectations and geopolitical uncertainty have kept this price.

Analyst Rania Gulley said investors are expecting the US to cut interest rates earlier. This will reduce real profits, but demand for gold will increase. At the same time, the US government shutdown crisis and global tensions have pushed investors towards safe havens.

Shamlal Ahmed of Malabar Gold and Diamonds said that gold prices have increased by 85 percent in the last 21 months. Of this, 37 percent increased in 2024 alone. He believes that the price could touch $5,000 per ounce in the next few years.

According to market experts, those who have already invested are in no hurry to sell now. However, new buyers should buy selectively. Because in the future, US jobs data and the Federal Reserve's policy decisions will determine the next direction of gold.

The price of 22-carat gold per bhori (11.664 grams) in the domestic market will be 1 lakh 95 thousand 384 taka. In addition, the price of gold per 21-carat piece has been fixed at 1 lakh 86 thousand 496 taka, per 18-carat piece at 1 lakh 59 thousand 855 taka and per 1 lakh 32 thousand 725 taka in the traditional method.

A 22-carat piece of silver is being sold in the country for 3 thousand 628 taka. In addition, 21-carat pieces are being sold for 3 thousand 453 taka, 18-carat pieces are being sold for 2 thousand 963 taka and per 1000 taka in the traditional method.