Gold Price $1300: 3 Taps and Out?
Domestic gold prices were adjusted 17 times this morning, rising 800 baht from the first announcement.
The Gold Traders Association announced at 12.36pm that buying prices were at B21,709.12 baht per baht-weight for gold ornaments and 22,100 baht per baht-weight for gold bar.
Selling prices were set at 22,700 baht per baht-weight for gold ornaments, and 22,200 baht per baht-weight for gold bar.
The first announced prices at 9.32am were as follows:
The Gold Traders Association this morning announced the buying prices at 20,920.80 baht per baht-weight for gold ornaments and 21,300 baht per baht-weight for gold bar.
The selling prices were set at 21,900 baht per baht-weight for gold ornaments, and 21,400 baht per baht-weight for gold bar.
The prices rose 250 baht from yesterdays close.
The buying prices yesterday closed at 20,678.24 baht per baht-weight for gold ornaments and 21,050 baht per baht-weight for gold bar.
The selling prices closed at 21,650 baht per baht-weight for gold ornaments, and 21,150 baht per baht-weight for gold bar.
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Source: http://www.bangkokpost.com/business/news/1018793/gold-price-adjusted-17-times-rises-to-b22-200
