Friday, July 03, 2020

Gold price unchanged

Jun 02. 2020
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By The Nation

The gold price remained unchanged in morning trade today (June 2), the Gold Traders Association reported.

As of 9.23am, the buying price of a gold bar was Bt25,950 per baht weight and selling price Bt26,050, while gold ornaments were priced at Bt25,483.96 and Bt26,550, respectively.

The Gold Spot Index price this morning moved to around US$1,740 (Bt55,011) per ounce after the price dropped by $1.4 to $1,750.3 per ounce at close yesterday (June 1).

Investors were buying gold as a safe haven asset after the United States revealed that the country’s manufacturing sector in May increased amid tensions between Washington and Beijing and protests across the US.

The gold price on the Hong Kong market rose by HK$40 to $16,085 (Bt65,611) per tael.

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