Dhaka, May 16 -- Gold prices in Bangladesh fell by Tk 6,589 per bhori across two consecutive reductions within a single day, with the Bangladesh Jewellers Association (BAJUS) setting the new price of 22-carat gold at Tk 2,38,121 per bhori on Saturday.

In a statement issued Saturday morning, BAJUS announced a reduction of Tk 4,374 per bhori for 22-carat gold.

The day before, on Friday morning, the association had already cut prices by Tk 2,215 per bhori, resulting in two successive reductions in under 24 hours.

Under the new rates, the price of the finest 22-carat gold is Tk 2,38,121 per bhori after a cut of Tk 4,374. The 21-carat rate was reduced by Tk 4,141 to Tk 2,27,331 per bhori, while 18-carat gold was lowered by Tk 3,558 to Tk 1,...