Gold price flat in Thailand after falling slightly from the previous close
The price of gold was unchanged in morning trade on Monday, the Gold Traders Association reported.
As of 9.27am, the buying price of a gold bar was Bt28,100 per baht weight and selling price Bt28,200, while gold ornaments were priced at Bt27,591.20 and Bt28,700, respectively.
At close on Saturday, the association announced a change in the precious metal's price once, causing the price to drop by Bt50 per baht weight.
Spot gold price moved to US$1,900 (Bt59,533) per ounce in the morning after the price rose by 60 cents to $1,905.2 per ounce at close on Friday due to the weakening dollar and uncertainty over the rollout of US economic stimulus measures.
