Photo shows gold ornaments displayed at a jewelry shop Mehedi Hasan/Dhaka TribuneGold is considered as an international currency in the global market where central banks of various nations reserve gold and US dollars for businessAlthough gold jewellery businesses say the demand for gold has fallen amid the coronavirus pandemic, the price of gold, however, continues to rise in the country and across the world. Gold is considered as an international currency in the global market where central banks of various nations reserve gold and US dollars for business. Dilip, however, said gold jewellery businesses were making more profits now due to the rise in gold prices, although the number of customers has gone down. The price of 21-carat gold has been revised up to Tk69,634 while 18-carat gold at Tk60,886. Under the country’s gold import policy, jewellery business Diamond World became the first entity in Bangladesh to import 11 kilograms of gold legally on June 30.

Source: Dhaka Tribune August 09, 2020 09:33 UTC