The price of gold rose in the world market at the beginning of the English New Year. On Friday (January 2), the price of spot gold increased by 1.4 percent to 4 thousand 372.35 dollars per ounce at 1:24 PM Bangladesh time.
Before this, the price of gold reached an all-time high of 4,549.71 dollars on December 26. However, last Wednesday (December 31), gold prices fell to a two-week low.
And US gold futures for February delivery rose 1 percent to $4,384.80 an ounce. Tim Waterer, chief market analyst at KCM Trade, said, ‘Precious metals are starting 2026 largely in line with 2025.’
2025 will see a great upswing in the bullion market. At the end of the year, the annual increase in gold prices stood at 64 percent, which is the highest since 1979.
Cutting interest rates last year, expectations of policy easing by the US Federal Reserve, geopolitical tensions, strong demand from central banks and increased investment in exchange-traded funds (ETFs) contributed to the unprecedented rise in gold prices.
