Gold prices have fallen again in Bangladesh, with the Bangladesh Jewellers Association (BAJUS) cutting the price of 22-carat gold by Tk 4,723 per bhori.
Following the latest adjustment, the price of 22-carat gold has been set at Tk 235,904 per bhori (11.664 grams), including VAT.
The new rate came into effect across the country from 10am on Monday (August 31).
According to BAJUS, the latest price cut was made in response to a decline in the price of locally traded refined gold.
The price of 21-carat gold has been set at Tk 225,640 per bhori, while 18-carat gold will cost Tk 193,739 and traditional-method gold Tk 158,280 per bhori.
BAJUS said VAT is included in the listed prices, so jewellers cannot charge customers VAT separately.
However, labour charges will be added depending on the design and workmanship of the jewellery.
The latest adjustment comes just two days after BAJUS cut gold prices by Tk 7,115 per bhori on August 29.