Dhaka, June 20 -- Bangladesh Jewellers Association (BAJUS) has reduced the price of 22-carat gold by a total of Tk 6,590 per bhori in two phases, bringing the new price down to Tk 226,340 per bhori.

BAJUS cut the price of 22-carat gold by Tk 2,216 per bhori on Saturday morning, following a previous reduction of Tk 4,374 announced on Friday.

Gold ornament prices fall as BAJUS adopts new VAT-inclusive pricing system

According to the revised rates, a bhori of 21-carat gold is now selling at Tk 216,192, while 18-carat gold is priced at Tk 185,691 per bhori. The price of traditional-method gold has been fixed at Tk 151,690 per bhori.

BAJUS said the new prices will remain effective at all jewellery outlets until further notice. However, mak...