As of 9.25am, the buying price of a gold bar was Bt26,100 per baht weight and selling price Bt26,200, while gold ornaments cost Bt25,635.56 and Bt26,700, respectively.
At close on Tuesday, the buying price of a gold bar was Bt26,250 per baht weight and selling price Bt26,350, while gold ornaments cost Bt25,772 and Bt26,850, respectively.
The spot gold price moved to US$1,845 (Bt55,300) per ounce in the morning, while the Comex (Commodity Exchange) gold price to be delivered in February dropped by $4.30 to $1,850.90 per ounce on Tuesday due to mass sell-offs of safe-haven assets in response to strong US economic data.
Meanwhile, the market is keeping an eye on the US Federal Reserve meeting.
The Hong Kong gold price dropped by HK$60 to $17,090 (Bt66,086) per tael, the Chinese Gold and Silver Exchange Society reported.
Published : January 27, 2021
By : The Nation