Gold prices rose sharply in the international market last week, but fell sharply in the last working day of the week. In 24 hours, the price of gold has dropped by three and a half percent. Silver has fallen sharply in the last working day of the week with gold. In one day, the price of silver has dropped by more than 6 percent.

A review of the data shows that gold started trading at 1,898 per ounce in the international market last week. Gold prices rose sharply on Monday, the first working day of the week. In one day, the price of gold rose by about 50 dollar to  1,943 an ounce.

Bangladesh Jewelers Association (BAJUS), an association of gold traders, announced on January 5 that it would increase the price of gold in the domestic market as well. The new price of gold was increased from Tk 1,983 from January 6.

Sunbd/NJ