Gold price holds steady
THE NATION
The price of gold in Thailand on Thursday morning was unchanged from Wednesday’s close.
A 9.28am report from the Gold Traders Association showed the buying price of gold bar at THB28,200 per baht weight and selling price at THB28,300, while the buying and selling price of gold ornaments is THB27,697.32 and THB28,800, respectively.
The spot gold price on Thursday morning was moving around US$1,794 (THB59,752) per ounce after Comex gold at close on Wednesday rose slightly by 50 cents to $1,784.3 per ounce from speculative buying after the price of gold had fallen for four consecutive days, however, the price rose slightly after the US released strong economic data.
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The price of gold in Hong Kong, meanwhile, dropped by HK$10 to $16,660 (THB71,153) per tael, the Chinese Gold and Silver Exchange Society reported.
