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https://www.nationthailand.com/business/40001049

Gold price stable despite weakening dollar

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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.

AGold 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.

Published : May 19, 2021

By : The Nation