Gold price rises, bucking the global trend
The price of gold rose by Bt150 per baht weight in morning trade on Monday (September 14), the Gold Traders Association reported.
As of 9.28am, the buying price of a gold bar was Bt28,750 per baht weight and selling price Bt28,850 while gold ornaments were priced at Bt28,227.92 and Bt29,350, respectively.
At close on Saturday, the buying price of a gold bar was Bt28,600 per baht weight and selling price Bt28,700, while gold ornaments were Bt28,091.48 and Bt29,200, respectively.
Hong Kong gold price dropped by HK$10, opening at HK$17,950 (Bt72,418.81) per tael this morning, the Chinese Gold and Silver Exchange Society reported.
The Comex (Commodity Exchange) gold price to be delivered in December dropped by US$16.4, or 0.83 per cent, closing at $1,947.9 (Bt60,908.36) per ounce on Friday.
Gold moved to negative territory on Friday, as investors sold the precious metal to take profit, while it was pressured by strong US economic data.
