Thu, September 23, 2021

business

Gold price drops in opening trade


The price of gold dropped by Bt150 per baht weight in morning trade on Thursday, the Gold Traders Association reported.

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As of 9.26am, the buying price of a gold bar was Bt25,900 per baht weight and selling price Bt26,000, while gold ornaments cost Bt25,438.48 and Bt26,500, respectively.

At close on Wednesday, the buying price of a gold bar was Bt26,050 per baht weight and selling price Bt26,150, while gold ornaments cost Bt25,574.92 and Bt26,650, respectively.

The spot gold price moved to US$1,826 (Bt54,810) per ounce in the morning, while the Comex (Commodity Exchange) gold price rose by $1.70 to $1,835.10 per ounce on Wednesday, thanks to mass buy-ups of the precious metal after its price dropped sharply yesterday.

The Hong Kong gold price fell by HK$30 to $16,940 (Bt65,598) per tael, the Chinese Gold and Silver Exchange Society reported.

Published : February 04, 2021

By : The Nation