What soaring gold prices mean for Bangladesh’s economy - News Summed Up

What soaring gold prices mean for Bangladesh’s economy


Gold prices in Bangladesh are rising at a historic pace, with premium gold now exceeding Tk250,000 per bhori, making jewelry increasingly unaffordable—particularly during the wedding season. Beyond consumer impact, economists say the surge reflects deeper concerns about currency confidence, inflation pressure, weak investment alternatives, and broader economic uncertainty. He noted that lower global interest rates typically lift gold prices, as investors shift away from low-yield financial instruments. SM Nazer Hossain, senior vice-president of Consumers Association of Bangladesh (CAB), said rising gold prices are putting financial pressure on low-income families, particularly for weddings and social obligations. Unlike countries where gold functions as a formal investment vehicle, Bangladesh’s gold market is feeling the strain of falling demand and shrinking trade volumes.


Source: Dhaka Tribune January 27, 2026 13:03 UTC



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