Gold rush or warning sign? Prices soar to Tk185,947 per bhori - The

Md Tarek Hossain:Gold has once again struck an all-time high in Bangladesh, with the price of 22-carat gold climbing to Tk 185,947 per bhori (11.664 grams). The Bangladesh Jewellers’ Association (BAJUS) announced the latest increase on Tuesday, marking the sixth hike in barely two weeks. The surge mirrors global trends, where uncertainty in financial markets and geopolitical tensions have kept investors piling into bullion as a haven. Internationally, gold has hovered near historic highs, fuelled by expectations of prolonged US interest rate cuts, concerns over energy prices, and geopolitical flashpoints ranging from Ukraine to the South China Sea, and the Middle East tension. In Bangladesh, however, the rise has been sharper than in many other markets. Analysts attribute this to...