As of 9.24am, the buying price of a gold bar was Bt27,100 per baht weight and selling price Bt27,200, while gold ornaments cost Bt26,605.80 and Bt27,700, respectively.
At close on Wednesday, the buying price of a gold bar was Bt27,550 per baht weight and selling price Bt27,650, while gold ornaments cost Bt27,060.60 and Bt28,150, respectively.
The spot gold price moved to US$1,917 (Bt57,390) per ounce in the morning, while the Comex (Commodity Exchange) gold price to be delivered in February dropped by $45.80 to $1,908.60 per ounce on Wednesday due to the over 1 per cent rise in the US ten-year bond yield and mass sell-offs for profit.
The Hong Kong gold price meanwhile dropped sharply by HK$270 to $17,750 (Bt68,541) per tael, the Chinese Gold and Silver Exchange Society reported.
Published : January 07, 2021
By : The Nation