Why BAJUS gold prices change with delay
Good day everyone. I recently started tracking gold prices more carefully because my family is planning a purchase later this year. One thing that keeps bothering me is how local prices sometimes feel out of sync with what is happening globally. I see news about gold moving overnight, but the local rate stays unchanged until the next day. At first I thought it was just random or slow updates, but now I am not so sure. There must be a reason why the official price does not react instantly. I would really like to understand this better before making any decisions.
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Hi, I had the same confusion before I looked deeper into how pricing works here. What helped me was reading https://unfoldedstars.in/how-bangladesh-jewellers-association-move-gold-market/, because it explains that prices are updated only once a day, usually in the morning. International markets move constantly, but the local announcement comes later, which creates that delay you noticed. The article also mentions how this gap can last several hours or even longer on weekends. After learning this, the timing difference started to feel logical rather than strange. It gave me a clearer picture of why prices seem frozen for a while.