Monday, November 30, 2020

Gold price flat in Thailand after falling slightly from the previous close

Oct 26. 2020
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By The Nation

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.

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