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Gold opens firm despite strong US economic data, higher bond yield


The price of gold in Thailand in morning trade on Monday was unchanged from Saturdays close amid strong US economic data and rising US bond yield.

The Gold Traders Association report at 9.26am showed buying price of a gold bar at THB26,350 per baht weight and selling price at THB26,450, while gold ornaments were priced at THB25,878.12 and THB26,950, respectively.

Gold price had risen by THB250 per baht weight last week.

Spot gold price on Monday was US$1,788 (THB56,161) per ounce compared to Friday when it fell by $4.2 to $1,777.8 per ounce.

Hong Kong gold price on Monday fell by HK$70 to $16,500 (THB66,789) per tael, the Chinese Gold and Silver Exchange Society reported.

Published : April 26, 2021

By : The Nation