, March 4 -- After several rounds of rises, gold prices in Bangladesh fell on Wednesday, with the rate of 22-carat gold dropping by Tk 9,214 per bhori.

The new rate sets the price of 22-carat gold at Tk 268,214 per bhori (11.664 grams), according to a statement issued in the morning by the Bangladesh Jewellers Association (BAJUS).

BAJUS said the decision was taken 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 structure, 21-carat gold now costs Tk 256,025 per bhori while 18-carat gold is priced at Tk 219,258 per bhori.

The price of traditional-method gold has been set at Tk 179,159 p...