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THURSDAY, October 06, 2022
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Gold price down in opening trade

Gold price down in opening trade

THURSDAY, May 27, 2021

The price of gold dropped by THB100 per baht weight in morning trade on Thursday despite a decline in the US bond yield and uncertainty over rising inflation.

A Gold Traders Association report at 9.27am showed the buying price of a gold bar at THB27,950 per baht weight and selling price at THB28,050, while gold ornaments were priced at THB27,439.60 and THB28,550, respectively.

At close on Wednesday, the buying price of a gold bar was THB28,050 per baht weight and selling price THB28,150, while gold ornaments were priced at THB27,545.72 and THB28,650, respectively.

The spot gold price on Thursday was US$1,895 (THB59,270) per ounce compared to the price on Wednesday, when it rose by $3.30 to $1,903.80 per ounce.

 

The Hong Kong gold price on Thursday dropped by HK$130 to $17,540 (THB70,690) per tael, the Chinese Gold and Silver Exchange Society reported.

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