Friday, July 10, 2020

Gold price unchanged in morning trade

Jun 30. 2020
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By The Nation

The price of gold was unchanged in morning trade today (June 30), the Gold Traders Association reported.

As of 9.20am, the buying price of a gold bar was Bt25,800 per baht weight and selling price Bt25,900, while gold ornaments were priced at Bt25,332.36 and Bt26,400, respectively.

The Gold Spot Index price this morning moved to around US$1,768 (Bt54,616) per ounce after the price rose slightly by 90 cents to $1,781.2 per ounce at yesterday’s close.

Gold gained as investors continued to buy the metal as a safe-haven asset amid uncertainty following the second coronavirus wave, especially in the United States, while the number of cases worldwide has shot past the 10-million mark.

However, a strengthening dollar has put pressure on the gold price, which has risen in a limited range.

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