Dhaka, Oct. 13 -- Bangladesh Jewellers Association (BAJUS) has reduced gold prices in the domestic market, cutting the price of 22-carat gold by Tk 3,266 per bhori to Tk 228,031.

The new prices took effect from 10am Tuesday. BAJUS said the adjustment followed a fall in the price of pure (tejabi) gold in the local market.

The decision was taken at a meeting of the association's Standing Committee on Pricing and Price Monitoring.

Under the revised rates, 21-carat gold will sell at Tk 217,767 per bhori, down Tk 3,149. The price of 18-carat gold has been cut by Tk 2,683 to Tk 187,032, while gold of the traditional method will cost Tk 152,798 per bhori, down Tk 2,158.

BAJUS last raised gold prices on October 9, when the price of 22-carat g...