MTS Gold reveals that gold prices have fallen, breaking the support level of 2,300 USD per ounce. Market watches FOMC meeting, expects Fed to maintain interest rates at 5.25-5.5%
On May 1, 2024, reporters reported that the page “MTS Gold” or Mae Thong Suk Gold Shop posted that the price of gold had plummeted. Broke the important support level of 2,300 USD per ounce. The base has already adjusted more than -5%, with the market keeping an eye on tonight’s FOMC meeting at 1 am, expecting the Federal Reserve (Fed) to maintain interest rates at 5.25-5.5%.
This is according to the announcement of the Gold Traders Association this morning. The price of gold in the country fell for the first time by 300 baht, the second time it fell by 50 baht The price of gold yesterday (April 30) has fluctuated up and down 10 times, already fell by 350 baht, resulting in the price of gold jewelry in being sold at 40,800.00 baht, buying 39,476.64 baht per baht, while gold bars The selling price is 40,300.00 baht, buying is 40,200.00 baht for 10.04 minutes.
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