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Gold makes more gains, retaining last week's momentum


The price of gold rose by Bt50 per baht weight in the morning trade on Monday, the Gold Traders Association reported.

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As of 9.22am, the buying price of a gold bar  Bt25,050 per baht weight and selling price Bt25,150 while gold ornaments cost Bt24,604.68 and Bt25,650, respectively. 
On Saturday's close, the buying price of a gold bar was Bt25,000 per baht weight and selling price Bt25,100 while gold ornaments cost Bt24,544.04 and Bt25,600, respectively. The price had risen by Bt450 per baht weight last week.

Spot gold price moved to US$1,728 (Bt53,115) per ounce after falling by $2.8 to $1,719.8 on Friday due to the strengthening dollar, rising US bond yield and strong US economic data.

Hong Kong gold price rose by HK$160 to $15,990 (Bt63,318) per tael, the Chinese Gold and Silver Exchange Society reported.

Published : March 15, 2021

By : The Nation