Investors rush to sell as gold rises by Bt250

As of 10.12am, the price of gold bars had risen to Bt29,050 and Bt28,950 per baht weight for selling and buying respectively, rising by Bt250 per baht weight compared to the closing price on Tueday.
Reports said many investors rushed to the “Hua Seng Heng” gold shop at United Centre Building in Silom to sell off their gold. 
One investor said he owns some 100 baht weight in gold and expects the sale of it to produce about Bt100,000 in profits. Like others at the shop, he too said this was the best time to sell gold, because its price will drop in the future. 
As of 12.12am, the price of gold in world markets had risen by US$2.5 to $1,947.10 per ounce.