By The Nation
As of 9.28am, the buying price of a gold bar was Bt26,550 per baht weight and selling price Bt26,650, while gold ornaments cost Bt26,075.20 and Bt27,150, respectively.
At close on Wednesday (July 8), the buying price of a gold bar was Bt26,450 per baht weight and selling price Bt26,550, while gold ornaments were priced at Bt25,969.08 and Bt27,050, respectively.
Spot gold price moved to US$1,809 (Bt56,421) on Thursday morning after the price rose by $10.7 to $1,820.6 (Bt56,783) per ounce at close on Wednesday, the highest in almost nine years as investors expected governments and central banks worldwide to issue economic stimulus measures to mitigate the Covid-19 impact.
Meanwhile, gold gained from the weakening dollar as well.
Hong Kong gold price rose by HK$85, opened at $16,695 (Bt67,184) per tael Thursday morning.