As of 9.25am, the buying price of a gold bar was Bt25,150 per baht weight and selling price Bt25,250, while gold ornaments cost Bt24,695.64 and Bt25,750, respectively.

The Gold Spot Index price this morning moved to around US$1,697 (Bt53,183) per ounce after the price rose by $22.1 to $1,705.1 at close yesterday.

Gold gained from hopes that governments and central banks worldwide would continue to issue economic stimulus measures, while investors were buying up the metal for speculation after a sharp drop in prices the previous week.

Meanwhile, the Hong Kong gold price rose by HK$30 to $15,700 (Bt63,486) per tael.