The Gold Traders Association this morning announced the buying prices at 20,617.60 baht per baht-weight for gold ornaments and 21,000 baht per baht-weight for gold bar. The selling prices were set at 21,600 baht per baht-weight for gold ornaments, and 21,100 baht per baht-weight for gold bar. The buying prices closed on Friday 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. Julius Baer analyst Carsten Menke pinned the rise to the weak dollar and hopes that interest rate rises would be delayed.

Source: Bangkok Post September 09, 2017 02:38 UTC