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https://www.nationthailand.com/business/40005118

Gold price unchanged in opening trade

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The price of gold on Monday morning was unchanged from Fridays closing rate.

AGold Traders Association report at 9.25am said the buying price of a gold bar was THB28,050 per baht weight and selling price THB28,150, while gold ornaments cost THB27,545.72 and THB28,650, respectively.

The spot gold price on Monday morning was moving around US$1,786 (THB59,516) per ounce after Comex gold rose slightly, by 80 cents to $1,784 per ounce, at close on Friday, due to support in buying the precious metal as a safe-haven asset amid concerns over the uncertain situation in Afghanistan after the Taliban took control of most of the country.

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The Hong Kong gold price meanwhile dropped heavily, by HK$80 to $16,530 (THB70,717) per tael, the Chinese Gold and Silver Exchange Society reported.

Published : August 23, 2021

By : The Nation