Bangladesh Jewelers Association (Bajus) has decided to reduce the price of gold by Tk 1,167 to Tk96,461 per bhori. With the new rate effective from Thursday (March 23), according to a BAJUS release Earlier on March 21, Bajus decided to reduce the price of gold by Tk 1,166 to

Bangladesh and Bhutan today (Mar 22) signed the "Agreement on movement of traffic-in-transit and protocol" at Thimpu, the capital of Bhutan, to ease further bilateral trade between the two countries. Commerce Minister Tipu Munshi and Bhutanese Minister, Ministry of Industry,

The demand for gold is expected to take a hit if the price of the yellow metal which has been hovering around 60,000, a level never seen before - remains elevated. Due to a sharp increase in price in a very short time and the flow of smuggled gold continuing, gold price in Mumbai is

This column’s record with gold miners is chequered at best, dreadful at worst, showing that even sitting on a gold mine is no guarantee of riches. Last week’s full-year results for 2022 from Centamin did not particularly shine, and nor did guidance for 2023, but there may

Bangladesh Jewelers Association (Bajus) has decided to reduce the price of gold by Tk 1,166 to Tk97,628 per bhori.  With the new rate effective from Wednesday (March 22), according to a BAJUS release. Earlier on March 18, the gold price in the local market jumped by Tk 7,698 to

The country’s jewellery sector has been revamped due to pragmatic steps taken by Bangladesh Jewellers Association (BAJUS) President Sayem Sobhan Anvir. Enamul Haque Khan Dolan, former president of BAJUS, was addressing a view exchange meeting with Narsingdi unit leaders and

Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal. Sunday's announcement came after a weekend of emergency talks in Switzerland between the two banks and the country's financial regulators. The Swiss National Bank said the deal

Regional Sales Conference of Bashundhara LP Gas Limited was held at Momo Inn Hotel, Bogura on Sunday (Mar 19).    MM Jasim Uddin, Chief Operating Officer of Sales and Marketing of Bashundhara LP Gas, inaugurated the event. He welcomed everyone and highlighted the success of

MCX (Multi Commodity Exchange) Gold futures hit lifetime highs on Friday on the intraday (Rs 59,461) and closing basis at Rs 59,420 per 10 gram. The April futures settled up by Rs 1,414 or 2.44% from the Thursday closing price. Meanwhile, May Silver futures rallied over 3% and gained Rs

Switzerland's biggest bank, UBS, is reported to be in advanced talks to buy all or part of its troubled rival Credit Suisse. Shares in Credit Suisse have fallen sharply in recent days after it said it had found "material weakness" in its financial reporting. An

The gold price in the local market has jumped by Tk 7,698 to record Tk 98,794 per bhori (11.664 grams) with effect from Sunday. The price of 22-carat gold is now Tk 8,470 per gram, while it is Tk 8,085 for 21-carat gold, according to a press release issued by Bangladesh

On account of bank crisis in US, gold price climbed to life-time high of ₹59,461 per 10 gm on MCX, bettering previous high of ₹58,847 per 10 gm during the Friday session.  The yellow metal price finished ₹1,414 per 10 gm higher at ₹59,420 levels on the weekend session,

Years ago, a veteran investor told me, “you don’t own gold for gains, you own it as a hedge against chaos.” In the wake of the banking sector meltdown, here’s what gold as a chaos-hedge looks like… But the interest in gold today isn’t solely due

Gold advanced on Friday buoyed by a weaker dollar and was poised for its biggest weekly gain since mid-November, as a global banking crisis sent investors flocking to the safe-haven metal. Spot gold was up 0.5% at $1,928.45 per ounce, as of 0612 GMT. Bullion has risen about 3.2% this

Onion prices shot up in Bangladesh after the government stopped issuing import permits (IP) for the popular cooking ingredient on Thursday (March 16) in a bid to protect the interest of local growers. Ramadan is imminent and there is a halt in Indian onion imports through the Hili land

The gold market was trading near its new daily highs after retail sales fell in February, showing that consumers are slowing their activity after a strong start to the year. U.S. retail sales dropped 0.4% last month following a jump of 3.2% in January, according to the latest data from

Investors are embracing the gold market amid the quickly escalating banking contagion fears. Strong demand for the precious metal is keeping prices at 5-week highs Wednesday. The banking sector roiled Wednesday as shares of Credit Suisse — a Swiss bank with extensive U.S. and

Gold and silver prices surged on Monday, as their safe-haven appeal drew in investors spooked by the collapse of Silicon Valley Bank, with the crisis also sparking hopes the U.S. Federal Reserve would have to slam the brakes on its aggressive monetary policy. The U.S. dollar and

Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations on Monday — but only for a further 60 days. Moscow said it wanted to see "tangible progress" on a parallel agreement on Russian exports before the deal comes up for renewal

The gold market is holding on to solid gains Sunday evening after a strong open driven by growing concerns that the U.S. banking sector is on the verge of another financial crisis. The gold market is trading near a five-week high, even as prices have fallen from their session highs, a