Dhaka, June 24 -- After four consecutive hikes, the price of 22-carat gold has decreased by Tk 1,668 per bhori, as announced by the Bangladesh Jewellers Association (BAJUS).

The new rates, set by BAJUS, will come into effect across the country from Wednesday.

In a press release issued on Tuesday night, BAJUS said the price of 22-carat gold per bhori (11.664 grams) has been revised to Tk 1,72,860.

The association said the price adjustment comes in response to a drop in the local market rate of pure (tejaabi) gold, along with an overall assessment of the market situation.

As per the new pricing, the rate for 21-carat gold is now Tk 1,64,999 per bhori, while 18-carat gold stands at Tk 1,41,426 per bhori. Gold made following traditional m...