ছবি: ফাইল ছবি
Bangladesh’s domestic gold market has once again experienced a sharp round of price adjustments amid the fast-changing dynamics of global bullion trading. Price reduction that was set following a nighttime meeting proved short-lived as the international spot market saw a rapid and unexpected surge in gold values, prompting local traders to adjust prices upward within just twelve hours. Under the latest revision, the price of top-grade 22-carat gold has been set at BDT 255,617 per tola, reflecting both heightened global uncertainty and the sensitivity of precious metals to geopolitical triggers. Analysts note that escalating tensions between the United States and Iran have played a central role in motivating investor flight toward traditional safe-haven assets such as gold, causing international demand and pricing to spike. In this context, traders argue that swift recalibration in domestic pricing prevents disproportionate losses for both buyers and sellers. According to industry insiders, the initial decision to reduce prices was made at a time when the global market was trending downward; however, a sudden reversal driven by geopolitical instability made immediate counter-adjustment necessary. Under the revised schedule, 21-carat gold now stands at BDT 244,011 per tola, 18-carat gold at BDT 209,136 per tola, while traditional category gold is priced at BDT 171,869 per tola. The silver market also registered upward adjustments, with 22-carat silver set at BDT 6,882 per tola, 21-carat silver at BDT 6,532, 18-carat silver at BDT 5,599, and traditional silver at BDT 4,200 per tola. International bullion trackers report gold surpassing USD 4,950 per ounce during intraday trading, highlighting how quickly the metal responded to geopolitical flashpoints and market anxieties. Local traders contend that Bangladesh’s gold pricing patterns remain structurally tethered to global trends because imports, refining costs, and domestic retail behavior are all influenced by international benchmarks. The acceleration in price movements has added complexity for consumers who must weigh necessity, affordability, and timing in making purchase decisions, particularly during periods of heightened volatility. Furthermore, the business community views gold’s ascent as a consequence of post-pandemic economic uncertainty, persistent conflicts, and inflationary pressures that continue to reshape investment strategies worldwide. The broader outlook remains difficult to predict, as future pricing hinges on the evolution of geopolitical tensions, central bank policies, and structural economic forecasts. Industry observers argue that as long as geopolitical risks remain elevated, gold’s upward momentum may persist. Even so, the domestic sector must continuously strike a balance between protecting traders and ensuring consumer accessibility, with rapid pricing synchronization emerging as an unavoidable mechanism. The situation demonstrates how interconnected the global commodities market has become, and why local economies such as Bangladesh’s gold trade must remain agile to mitigate shockwaves originating abroad.
reporter

