Gold price rises over ongoing progress of US economic stimulus measures
The price of gold rose by Bt200 per baht weight in morning trade on Friday, the Gold Traders Association reported.
As of 9.21am, the buying price of a gold bar was Bt28,000 per baht weight and selling price Bt28,100, while gold ornaments were priced at Bt27,500.24 and Bt28,600, respectively.
At close on Thursday, the buying price of a gold bar was Bt27,800 per baht weight and selling price Bt27,900, while gold ornaments were Bt27,303.16 and Bt28,400, respectively.
Spot gold price moved to US$1,905 (Bt59,278) per ounce on Friday morning after the price rose by $43 to $1,895.1 per ounce at Thursday's close in response to ongoing progress of US economic stimulus measures after US President Donald Trump expressed confidence that the White House and the Democrats could reach an agreement to roll out these measures.
Hong Kong gold price rose by HK$70, opening at $17,550 (Bt70,469) per tael this morning, the Chinese Gold and Silver Exchange Society reported.
