TUESDAY, February 27, 2024
nationthailand

Gold price stable despite weakening dollar

Gold price stable despite weakening dollar

The price of gold in Thailand was unchanged from Tuesday’s close in morning trade on Wednesday despite positive sentiment over a weakening dollar after feeble economic data emanated from the US.

A Gold Traders Association report at 9.24am showed the buying price of a gold bar at THB27,700 per baht weight and selling price at THB27,800, while gold ornaments cost THB27,197.04 and THB28,300, respectively.

The spot gold price on Wednesday was US$1,867 (THB58,917) per ounce compared to Tuesday, when it rose by 40 cents to $1,868 per ounce.

 

The Hong Kong gold market was closed on Wednesday on the occasion of Buddha’s birthday.

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