Bangladesh Jeweller’s Association (Bajus) has reduced the price of gold after three consecutive hikes this month.  The price of gold has been reduced again in the country's market after three days of fixing the new price. The price of 22 carat gold has been reduced by Tk 3,138 per bhori  (11.664 grams) and the new price has been fixed. The price of per bhori of good quality gold  (22 Carat) is 1 lakh 16 thousand 290 taka.  The decision was taken at a meeting of the Bajus Standing Committee on Tuesday (April 23). This information was given in a notification signed by the chairman of the committee Masudur Rahman. Bangladesh Jewelers Association has fixed the new price of gold considering the overall situation, said Masudur Rahman However, the price of 21 carat gold has been reduced by Tk 3,009 to Tk 1,10,995.

China’s gold markets under strain as horde of new buyers hunts for stable investment. April has been a busy month for the Hualin International Jewelry Market in Guangzhou. A scrum of eager buyers has descended upon the venue, looking to join a new gold rush as prices soar and the precious metal takes on new life as a vehicle for investment. Standing out as one of the few bets considered safe in China at present – with stocks, property and banking having lost their lustre in an environment of heightened uncertainty – gold has not only attracted new buyers, but also provided opportunities for the country’s middle class and youth to cash out. The Guangzhou market, originally known for its bustling jade and jewellery trade, has been “flooded” with newly opened gold stores, with dozens emerging according to a store owner earlier this week. “The number of customers is also increasing day by day,” said the owner, who asked not to be identified by name. “Sometimes it feels like a crowded wet market.” “Today’s buy-back price is 554 yuan (US$77) per gram,” the merchant said. “Just now, a lady who got married last year sold me the gifts she received at her wedding, including necklaces, pendants and bracelets.” The retail price for gold from major brands, including Chow Tai Fook and Chow Sang Sang, had risen to over 730 yuan per gram as of Friday, a multi-year high. Previous monthly peaks were observed at around 630 yuan per gram in January and 600 yuan per gram in December. The People’s Bank of China, the country’s central bank, bought 160,000 ounces of bullion in March to bring its total reserves to 72.74 million ounces – its 17th consecutive monthly purchase according to official data – as the nation seeks to diversify its holdings away from US bonds amid frayed bilateral ties. Rapid price changes have made for a mercurial scene. “From the beginning of the year until now, there have been customers buying gold bars for tens of thousands, hundreds of thousands of yuan,” he said. “But since the current price is extremely high, consumers are becoming cautious. Most of the new customers are buying products with lower grams.” According to another merchant, many have begun to sell their stock.   Source: South China Morning Post

Gold prices creating records one after another in the world market. The price of this precious metal is constantly increasing.  For the first time in history, gold prices rose above $2,400 per ounce to an all-time high on Friday ( April 12). Earlier, on April 5, gold prices crossed $ 2,300 an ounce for the first time in the world market. Just seven days later, on Friday, the price exceeded $ 2,400. Which is the highest in the world market. Experts had expected the price of gold to exceed $ 2,300 per ounce this year. It has already exceeded. The price of gold will increase further. Economist Mahfuz Kabir said that the price of gold is increasing in the world market mainly due to the Federal Reserve's indication of reducing interest rates and geopolitical tensions. When interest rates fall, people choose gold as a medium of investment. As a result, the price surges. Gold is now being sold at the highest price in the world market. This price may increase further. 

Bangladesh Jeweller's Association (BAJUS) has increased the price of gold. The price of 22-carat gold has been increased by Tk 1,750 per bhori (11.664 grams) to Tk 1,17,573, which is the highest in the country's economy, said a press release issued by Bajus on Monday (April 8). Besides, the price of 21 carat gold has been fixed at Tk 1,12,208, 18 carat gold at Tk 96,228. According to the notification, the price of gold has increased in the local market. Considering the overall situation, BAJUS has fixed the new price of gold. The new prices will be effective from Tuesday (April 9). For the first time the country witnessed the price of gold to rise above Tk 1 lakh per bhori on July 20, 2023.    

Bangladesh Jeweller's Association (Bajus) has fixed the new price of gold. The price of 22-carat gold has been increased by Tk 1,750 to Tk 1,15,824 per bhori, according to a notification issued by Bangladesh Jeweller's Association (BAJUS) on Saturday. Besides, the price of 21 carat gold has been fixed at Tk 1,10,575, 18 carat gold at Tk 94,770. Although the price of gold has increased, the price of silver has been kept unchanged. According to the notification, the price of gold has increased in the local market. Considering the overall situation, BAJUS has fixed the new price of gold. The new prices will be effective from Sunday (April 7).  

Bangladesh Jewellers' Association (Bajus) has fixed the new price of gold in the country's market. Bajus said in a press release on Tuesday (March 19) that gold prices cut by 1.5 percent to Tk 111,158 a bhori (11.664 grammes) from the existing Tk 112,907 a bhori which is the highest in the history of Bangladesh.  The Bajus said in a statement that the new prices will be effective from Wednesday (March 20). However, the annual demand for gold stands in between 20 tonnes and 40 tonnes.

Bangladesh Jewellers' Association (Bajus) today (March 6) has decided to increase the price of gold in the country's market.  As a result, the price has reached a record price. The price of 22-carat gold will be Tk 112,907 a bhori, the highest in the history of Bangladesh. The previous price of each bhori or 11.664 grammes of 22-carat gold ornaments was Tk 1.1 lakh. According to a press release issued by Bajus on Wednesday (March 6), the price of Pure Gold has increased. As a result, the new price of gold has been fixed considering the overall situation. However, the price of gold crossed the Tk 100,000-mark in July 2023 for the first time in Bangladesh. The previous price of each bhori or 11.664 grammes of 22-carat gold ornaments was Tk 1.1 lakh. Almost 20 to 40 tonnes of gold needed to fulfill the annual demand in Bangladesh.

Heavy rains have swamped the Davao de Oro province in recent weeks. With 27 people still missing, the military has been deployed to help with rescue efforts. Five people were killed and 27 miners are missing after a landslide struck a mining village in southern Philippines, authorities said on Wednesday. Disaster officials also added that 31 people were injured, 11 severely, as the mudslide engulfed houses and two buses in Masara village. The disaster struck the gold mining village in Davao de Oro province following heavy rains that have swamped the region in recent weeks. "There was no sign that a landslide would occur because the rains stopped on Thursday and by Friday it was already sunny and hot," provincial disaster official Edward Macapili said. What are rescue operations going in the mining village? The military, which has been deployed to help in the rescue efforts, said three seriously injured people were airlifted for medical help. On Wednesday, the military said in a post on Facebook that "impassable" roads and "no cellphone signal in the area" posed significant challenges to their work. Meanwhile, 285 families from Masara and four nearby villages have been evacuated to safer areas, Macapili said. At least 18 people died from landslides and flooding in the region last week, the national disaster agency said.

The price of 22-carat gold has hit Tk1,12,440 per bhori, the highest in the history of Bangladesh. The Bangladesh Jewellers' Association (Bajus) has decided to raise the price of gold by Tk1,400 per bhori following an increase in the price of pure gold in the local market. It is the highest price of gold as of Wednesday (Jan 17). Earlier on December 24, the price of gold hit the highest record of Tk1,11,041 per bhori. Bajus's standing committee on pricing and price monitoring took the decision in a meeting on Wednesday, a press release said. Now, gold of 22-carat will cost Tk 1,12,440 per bhori (11.664 grams), 21-carat Tk 1,07,308, 18-carat Tk 92,028, and gold of traditional method Tk76,632 respectively. The new prices will come into effect from Thursday.

Nasrin Akter Nipun is a famous Dhallywood film actress. She made her debut in her acting career in 2006 with the film 'Pitar Ason' directed by F.I. Manik.    After working in several movies, she won the National Film Award of Bangladesh twice.  Currently, the actress is serving as the general secretary of Bangladesh Film Artists Association. Nipun lived with her husband and daughter Tanisha in Los Angeles until 2006. Later the actress got divorced. After the separation, she had to spend her life fighting a lot. Nipun said in an interview, "After my separation, I started looking for a job from my sisters friend's house. Finally got a job in a gold shop. Then I worked two days a week for 12 hours. Later I got a job in a big coffee shop."