Gold price flat in Thailand despite gains in global market
The price of gold was unchanged in morning trade on Tuesday, the Gold Traders Association reported.
As of 9.26am, the buying price of a gold bar was Bt28,200 per baht weight and selling price Bt28,300 while gold ornaments were priced at Bt27,697.32 and Bt28,800, respectively.
Gold price at close on Monday, when the association announced changes in the precious metal's price four times -- dropped by Bt150 per baht weight
The global market price moved to US$1,910 (Bt59,799.21) per ounce on Tuesday morning after the price rose by $12.5 to $1,920.1 per ounce at close on Monday from the weakening dollar and ongoing progress of US economic stimulus measures.
Hong Kong gold price rose by HK$190, opening at $17,690 (Bt71,463.46) per tael on Tuesday morning, the Chinese Gold and Silver Exchange Society reported.
