Gold prices in Bangladesh have dropped significantly following a decline in the global market. The Bangladesh Jewellers Association (BAJUS) announced a reduction of Tk 6,591 per bhori, setting the new price for 22-carat gold at Tk 222,782 per bhori. The revised rates took effect from 10 a.m. on Wednesday, according to a BAJUS notice.

The association stated that the price of pure gold in the local market had decreased, prompting the adjustment. Under the new pricing, 21-carat gold now costs Tk 212,635 per bhori, 18-carat gold Tk 182,250, and traditional gold Tk 148,424 per bhori. The last adjustment was made on June 6, when BAJUS reduced the price by Tk 5,482 per bhori.

So far this year, BAJUS has adjusted gold prices 72 times, with 37 increases and 35 decreases, reflecting ongoing volatility in both local and international markets.