Dhaka, Jan. 31 -- Gold prices in the Bangladesh market fell sharply again, with the price of 22-carat gold dropping by Tk 15,746 per bhori (11.664 grams) in a single day, the Bangladesh Jewellers Association (Bajus) announced on Saturday.

In a morning notification, Bajus said the new price of 22-carat gold has been fixed at Tk 255,617 per bhori, citing a decline in the local price of refined gold (tejabi sona).

According to the revised rates, 21-carat gold is now priced at Tk 244,011 per bhori, while 18-carat gold stands at Tk 209,136 per bhori. Gold made under the traditional method has been fixed at Tk 171,869 per bhori.

Bajus noted that a mandatory 5 per cent government VAT and a minimum 6 per cent making charge set by the associati...