Gold price rises slightly from fall in US stock index
The price of gold rose by Bt50 per baht weight in morning trade today (September 9), the Gold Traders Association reported.
As of 9.24am, the buying price of a gold bar was Bt28,550 per baht weight and selling price Bt28,650, while gold ornaments cost Bt28,030.84 and Bt29,150, respectively.
At close yesterday, the buying price of a gold bar was Bt28,500 per baht weight and selling price Bt28,600, while gold ornaments cost Bt27,985.36 and Bt29,100, respectively.
The Hong Kong gold price rose by HK$10, opening at $17,840 (Bt72,263.96) per tael this morning, the Chinese Gold and Silver Exchange Society reported.
The spot gold price moved to US$1,928 (Bt60,540.64) per ounce this morning after the price rose by $8.90 to $1,943.2 per ounce at yesterday’s close.
Gold gained positive sentiment from mass buy-ups of the safe-haven asset in response to a fall in the US stock index.
