Gold prices rise again, breaking all-time records

Gold prices rose on Tuesday as geopolitical tensions and uncertainty increased the need for safe investments in the international market. In the previous session, gold crossed the $ 5,100 mark for the first time.

The price of gold per ounce in the spot market rose 0.9 percent to $ 5,60.36. Earlier, the price of gold reached a record $ 5,110.50 in Monday's trading. On the other hand, US gold futures for February delivery fell 0.5 percent to $ 5,56.90 per ounce.

Analysts said that investors are turning to gold as a safe haven due to political and economic uncertainty around the world. For the same reason, the price of silver is also near an all-time high.

The price of gold in Bangladesh has been fixed at Tk 2,62,440 on Tuesday (January 27). On Monday (January 26), the Bangladesh Jewelers Association (BAJUS) increased the price of gold by Tk 5,249.

According to the new prices, 22-carat gold will be sold at Tk 2,62,440 per bhori, 21-carat at Tk 2,50,484, 18-carat at Tk 2,14,734 and traditional gold at Tk 1,76,593 per bhori.