The Bangladesh Jeweller’s Association (BAJUS) has announced a reduction in gold prices by Tk 3,266 per bhori, citing decreased local market costs for pure gold.

Each bhori (11.664g) of 22-carat gold will now cost Tk 258,824, BAJUS said in a circular today (Feb 7).

The prices will take effect from tomorrow (Feb 8).

Earlier today, BAJUS raised the price by Tk 7,640 per bhori.