Dhaka, Oct. 23 -- Gold prices have fallen for the third time in 10 days, with the Bangladesh Jewellers Association (BAJUS) cutting the price of 22-carat gold by Tk 2,158 to Tk 224,182 a Bhori.

The new rates took effect nationwide at 10am on Friday, with prices of other gold grades and silver also reduced.

The latest cut brings the total decline in 22-carat gold prices to Tk 7,115 a Bhori over 10 days.

Dewan Aminul Islam Shaheen, chairman of the BAJUS Standing Committee on Pricing and Price Monitoring, attributed the reductions to falling international prices.

"The local gold market depends entirely on the global market. When international prices rise, we adjust and set prices accordingly. When they fall, we cut," he told bdnews24.com....