Dhaka, Nov. 6 -- Gold prices have been reduced in the domestic market in line with international trends.

The Bangladesh Jewellers' Association (BAJUS) has cut the price of the best-quality 22-carat gold by Tk 2,741 per Bhori within 24 hours, bringing the price to Tk 226,923.

The price had climbed to Tk 229,664 per Bhori after three increases totalling Tk 12,072 over four days.

The new rates came into effect across the country at 10am on Friday. Prices of other grades of gold have also been reduced.

Earlier, BAJUS raised the price of 22-carat gold by Tk 3,266 per Bhori on the morning of Nov 2. Another increase of Tk 3,266 came on the afternoon of Nov 4.

The following day, Nov 5, the price was raised by a further Tk 5,482.

Before that...