Gold edges up in Thailand and Hong Kong
The price of gold in Thailand rose by THB50 per baht weight in morning trade on Tuesday.
The Gold Traders Association report at 9.31am showed the buying price of a gold bar at THB28,100 per baht weight and selling price at THB28,200, while gold ornaments were priced at THB27,591.20 and THB28,700, respectively.
At close on Monday, the buying price of a gold bar was THB28,050 per baht weight and selling price THB28,150, while gold ornaments were THB27,545.72 and THB28,650, respectively.
Spot gold on Tuesday was US$1,913 (THB59,670) per ounce. The US gold market on Monday was closed for Memorial Day.
Hong Kong gold price on Tuesday rose by HK$20 to $17,670 (THB71,029) per tael, the Chinese Gold and Silver Exchange Society reported.
