1 Dinar Price in Bangladesh
The Dinar is a gold coin introduced by the Islamic Mint, a private company based in the United Arab Emirates. The coin is made from 22-karat gold and is available in various weights, including 1 Dinar. In Bangladesh, the 1 Dinar price varies depending on several factors, including the current gold rate, demand, and supply.
Gold Rate in Bangladesh
The gold rate in Bangladesh is determined by the Bangladesh Jewellers Association (BJA). The association sets the gold price based on the international gold price and other market factors. The gold rate in Bangladesh is usually higher than the international gold price due to import duties, taxes, and other local factors.
1 Dinar Price in Bangladesh Taka
As of [current date], the 1 Dinar price in Bangladesh Taka is approximately BDT 75,000 to BDT 80,000. However, please note that the price may vary depending on the specific weight and purity of the coin, as well as the location and seller.
Why Invest in 1 Dinar?
Investing in 1 Dinar can be a good option for those who want to diversify their investment portfolio and hedge against inflation. Here are some reasons why:
Hedge against Inflation
Gold is a safe-haven asset that tends to perform well during times of inflation. As the value of paper currency decreases, the value of gold increases.
Diversification
Investing in 1 Dinar can provide a diversification benefit to your investment portfolio, reducing the overall risk.
Liquidity
Gold coins like 1 Dinar can be easily sold or exchanged for cash, making them a liquid asset.
High-Quality Investment
The 1 Dinar is made from 22-karat gold, ensuring a high-quality investment that will retain its value over time.
Where to Buy 1 Dinar in Bangladesh?
You can buy 1 Dinar in Bangladesh from various gold dealers, jewelers, and online marketplaces. Some popular options include:
Amanat Shah Jewelers
Amanat Shah Jewelers is a well-known jewelry shop in Bangladesh that sells 1 Dinar coins.
Prince Jewelers
Prince Jewelers is another popular jewelry shop that offers 1 Dinar coins.
Online Marketplaces
You can also buy 1 Dinar coins from online marketplaces like Daraz or other e-commerce websites.
Conclusion
The 1 Dinar price in Bangladesh is approximately BDT 75,000 to BDT 80,000, depending on the specific weight and purity of the coin, as well as the location and seller. Investing in 1 Dinar can be a good option for those who want to diversify their investment portfolio and hedge against inflation. However, it's essential to research and compare prices before making a purchase.
