Fuad M Khalid Hossen, Managing Director & CEO, TRACE Consulting, recently appeared in an interview with Shomoy TV to provide expert opinion on the global price hike of Gold and investment decision.

While expressing his personal views Mr. Fuad stated that although there is an appeal of personal profit in investing in gold, its impact on the economy must also be taken into consideration.

The continuous rise in gold prices in Bangladesh has the potential to create risks for the overall economy due to excessive individual investment in gold. In the long term, this trend could lead to liquidity crises in the banking sector, reduce foreign currency reserves, shrink employment opportunities in productive sectors, and increase volatility in the stock market.