International desk: After the US election, the price of gold has increased in the global market after a few drops. As such, the price of this expensive metal may increase in the country's market at any time.

Gold

The price of gold in the spot market was at 2 thousand 570.66 dollars till 8 pm on Friday (November 15). The price increased by 5.34 dollars per ounce in one day.

Bangladesh Jewelers Association (BAJUS) determines the price of gold in the country's market. According to the latest price offered by the organization, per bhari (11.664 grams) of 22 carat gold will cost Tk 1 lakh 34 thousand 509. Apart from this, the price of gold has been set at 1 lakh 28 thousand 397 taka per 21 carat, 1 lakh 10 thousand 62 taka per 18 carat and 90 thousand 233 taka per traditional method.

Bajus Standing Committee on Pricing and Price Monitoring Committee decides to increase or decrease the price of gold on behalf of the organization. A member of this committee said, 'The rate at which the price of gold is increasing in the world market, the price of the country will also need to be increased. There is no alternative.'

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He said, 'I decide to increase or decrease the price of gold based on the international market as well as the local market. When the price of matured gold rises in the local market, it is naturally decided to increase the price. Again, when the price of matured gold falls, it is decided to reduce the price. The picture of world market prices affects the price of matured gold.