Monday, April 19, 2021

Gold price rises in the morning trade

Apr 07. 2021
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By The Nation

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

As of 9.27am, the buying price of a gold bar was Bt25,650 per baht weight and selling price Bt25,750, while gold ornaments cost Bt25,180.76 and Bt26,250, respectively.

At close on Tuesday, the buying price of a gold bar was Bt25,600 per baht weight and selling price Bt25,700, while gold ornaments cost Bt25,135.28 and Bt26,200, respectively.

The spot gold price on Tuesday rose by $14.20 to $1,743 (Bt54,608) per ounce, thanks to a falling US Treasury yield, a weakening dollar and the International Monetary Fund’s move to boost its global economic growth forecast.

The Hong Kong gold price meanwhile rose by HK$200 to $16,140 (Bt65,006) per tael, the Chinese Gold and Silver Exchange Society reported.

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