24 adjustments in gold prices

FRIDAY, JUNE 24, 2016
24 adjustments in gold prices

Thai gold traders have adjusted local gold prices 24 times so far today, under the influence of volatile spot prices as well as US dollar-baht exchange rates.

At 2.30pm, gold bar is sold at Bt22,050 per baht weight and ornaments at Bt22,550. 
Spot gold prices moved in a wide range today, from $1,280 an ounce to $1,342. Meanwhile, the Thai baht has also weakened against US dollar, falling as much as 1.22 per cent from yesterday closing to Bt35.54 today.