, March 25 -- Gold prices in Bangladesh have been cut by Tk 5,482 per bhori, with the price of 22-carat gold now set at Tk 241,445, according to the Bangladesh Jewelers Association.

In a statement issued on Wednesday morning, BAJUS said the new prices were fixed considering the overall market situation, particularly a decline in the price of pure gold (tejabi gold) in the local market.

The revised rates have come into effect immediately.

Under the new pricing, 22-carat gold will be sold at Tk 241,445 per bhori (11.664 grams) while 21-carat gold has been set at Tk 230,481 per bhori.

The price of 18-carat gold stands at Tk 197,530 per bhori, and traditional method gold at Tk 160,905 per bhori.

Previously, on March 19, BAJUS had reduced...