Dhaka, March 9 -- The price of gold in Bangladesh has fallen by Tk 3,266 per bhori, with the rate of 22-carat gold now set at Tk 264,948, according to the Bangladesh Jewellers Association (Bajus).

In a notification issued Monday, Bajus said the new rate was fixed in line with the overall market situation following a decline in the price of pure gold, locally known as tejabi gold.

The revised prices came into effect immediately.

Gold prices fall sharply in Bangladesh as 22-carat gold drops Tk 9,214

Under the new rates, 22-carat gold will be sold at Tk 264,948 per bhori (11.664 grams).

The price of 21-carat gold has been set at Tk 252,876 per bhori, while 18-carat gold will cost Tk 216,775 per bhori.

Gold produced using the traditiona...