Gold price up
The price of gold rose by Bt50 per baht weight in morning trade today (June 23), the Gold Traders Association reported.
As of 9.23am, the buying price of a gold bar was Bt25,600 per baht weight and selling price Bt25,700, while gold ornaments cost Bt25,135.28 and Bt26,200, respectively.
At close yesterday (June 22), the buying price of a gold bar was Bt25,550 per baht weight and selling price Bt25,650, while gold ornaments were priced at Bt25,089.80 and Bt26,150, respectively.
The Gold Spot Index price this morning moved to around US$1,753 (Bt54,324) per ounce after the price rose by $13.40 to $1,766.40 per ounce at yesterday's close.
Investors bought gold as a safe haven asset due to the rising number of new Covid-19 cases worldwide, weak economic data and a weakening dollar.
