Bangladesh, July 13 -- The Bangladesh Jewellers Association (Bajus) on Monday reduced gold prices for the second time, lowering the rate of 22-carat gold by Tk 2,216 per bhori to Tk 221,966, inclusive of VAT.

In a notification, Bajus said the price of pure gold has fallen in the local market, prompting the revision, UNB reports.

The new rates came into effect from 10am on Monday.

According to the updated price chart, a bhori (11.664 grams) of 21-carat gold will now cost Tk 211,993, while 18-carat gold has been set at Tk 182,075 per bhori.

The price of traditional gold has been fixed at Tk 148,774 per bhori.

Bajus said the new prices will remain effective at all jewellery outlets until further notice, though making charges will vary...