Gold price slides by Bt100
The price of gold decreased by Bt100 per baht weight on Saturday (March 7), the Gold Traders Association reported at 9.27am.
The buying price of gold bar was Bt24,800 per baht weight and selling price Bt24,900, while buying price of gold ornaments was Bt24,346.96 and selling price Bt25,400.
On Friday, the closing price for buying gold bar was Bt24,900 per baht weight and Bt25,000 for selling.
Meanwhile, the buying price for gold ornaments was Bt24,453.08 per baht weight, and selling price Bt25,500.
Comex futures gold contracts increased by US$4.40 to $1,672.40 per ounce at Friday’s close as investors turned to safe-haven assets following the worldwide spread of the new coronavirus.
