Gold prices fall once again

Gold prices are set to fall yet again as the Bangladesh Jewellers Association (Bajus) has announced a cut in the rates.

From Wednesday, gold will be sold at Tk 206,907 per bhori, the association said.

The new rate is Tk 1,364, or 0.65 percent, lower than the Tk 208,272 per bhori that has prevailed since November 16.

This is the second time this week that prices of the precious metal are set to decline.

Gold hit a historic peak of Tk 217,381 per bhori (approximately 11.664 grammes) in the domestic market on October 20, influenced by a spike in the international market.