Gold makes big gains at the start of the week
The price of gold surged by Bt250 per baht weight in morning trade on Monday, the Gold Traders Association reported.
As of 9.27am, the buying price of a gold bar was Bt26,900 per baht weight and selling price Bt27,000, while gold ornaments were priced at Bt26,408.72 and Bt27,500, respectively.
At close on Saturday, the buying price of a gold bar was Bt26,650 per baht weight and selling price Bt26,750, while gold ornaments were Bt26,166.16 and Bt27,250, respectively.
Spot gold price moved to US$1,898 (Bt57,157) per ounce in the morning. However, some important gold markets worldwide were closed for Christmas holidays.
Hong Kong gold price rose by HK$60 to $17,440 (Bt67,750) per tael, the Chinese Gold and Silver Exchange Society reported.
