Bangladesh, Oct. 31 -- Gold prices in Bangladesh have been cut again, with the price of 22-carat gold, the highest quality available in the local market, reduced by Tk 5,481 per bhori (11.664 grams).

The new prices came into effect at 10 am on Saturday, according to the Bangladesh Jewellers Association (BAJUS).

With the latest adjustment, the price of 22-carat gold has been fixed at Tk 217,592 per bhori, including VAT.

BAJUS said the prices were revised downward following a fall in the price of pure gold (tejabi gold) in the local market.

Under the revised rates, the price of 21-carat gold has been reduced by Tk 5,249 to Tk 207,794 per bhori, while 18-carat gold now costs Tk 178,459, down Tk 4,491.

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