Bangladesh Jewellers Samity (BAJUS) on Thursday reduced the price of gold by Tk 1,749 a bhori for the domestic market.
With the new rate effective from Friday (August 18), one bhori of 22-carat gold (11.664 grammes) will be Tk 99,027, down from Tk 100,776 earlier.
BAJUS took the decision on Thursday to adjust the prices with the international market, it said in a press release.
On July 20, each bhori of gold price in Bangladesh cross the Tk 100,000-mark for the first time.