Dhaka, March 27 -- Gold prices in Bangladesh have been reduced by Tk 6,590 per bhori, bringing the rate of 22-carat gold down to Tk 234,855, according to the Bangladesh Jewelers Association (BAJUS).

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

The revised rates came into effect from 10am.

Under the new pricing structure, 22-carat gold is being sold at Tk 234,855 per bhori (11.664 grams), while 21-carat gold has been fixed at Tk 224,182 per bhori.

The price of 18-carat gold now stands at Tk 192,164 per bhori, and traditional gold at Tk 156,473 per bhori.

Earlier, on March 25, BAJ...