22k Gold Price In Bangladesh Today Per Vori 2023 Per Gram

4 min read Jun 17, 2024
22k Gold Price In Bangladesh Today Per Vori 2023 Per Gram

22K Gold Price in Bangladesh Today (2023): Per Vori and Per Gram

The price of gold fluctuates daily, influenced by a variety of factors including global demand, economic conditions, and political events. If you're looking for the current 22K gold price in Bangladesh, it's important to consult reliable sources for up-to-date information.

Where to Find the Most Accurate Gold Price Information

  • Reputable Jewelers: Check with well-established jewelers in Bangladesh. They often display their daily gold prices on their website or storefront.
  • Bangladesh Jewellers Association (BAJUS): This organization represents the interests of jewelers in Bangladesh and can provide reliable price updates.
  • Financial News Websites: Websites that focus on financial news, such as The Financial Express, Prothom Alo, and Dhaka Tribune, typically publish daily gold price updates.
  • Online Gold Price Calculators: Several websites offer gold price calculators that allow you to see the price per gram or per vori based on the karat and current market rates.

Understanding the Terminology

  • Vori: A traditional unit of weight in Bangladesh, equivalent to approximately 11.66 grams.
  • Karat: A measure of the purity of gold. 22K gold is 91.67% pure gold and is commonly used in Bangladesh for jewelry.

Factors Affecting Gold Price in Bangladesh

  • Global Gold Prices: The international gold market is a significant factor influencing local prices.
  • Local Currency Exchange Rate: The value of the Bangladeshi Taka against the US dollar affects the import cost of gold, which impacts local prices.
  • Demand and Supply: Local demand for gold jewelry and other gold products influences the price within Bangladesh.
  • Economic and Political Stability: Economic uncertainty and political instability can lead to price fluctuations in gold.

Why Keep Track of the Gold Price?

  • Buying and Selling Jewelry: If you're planning to buy or sell gold jewelry, it's crucial to know the current price to make informed decisions.
  • Investment: Gold is considered a safe haven asset, and its value often increases during times of economic uncertainty.
  • General Market Awareness: Tracking gold prices provides insights into the broader financial market and economic trends.

Please note: This article is for informational purposes only and should not be considered financial advice. The gold price provided here is a general estimate and may not reflect the actual price in a specific location. It's always recommended to consult with a trusted jeweler or financial advisor for personalized guidance.

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