Gold Futures Fall as US Jobs Report Prompts Traders to Rethink Rate Cut Expectations
Gold Futures Fall as US Jobs Report Surprises Market Gold futures experienced a significant drop on Friday, with prices falling towards US$2,000 an ounce. This decline came in response to the US non-farm payrolls report for November, which surpassed market expectations. The report prompted traders to adjust their positions on the Federal Reserve (Fed) cutting […]
Gold Prices Surge as Foreign Gold Recovery Devalues Baht
Gold Market Update: Rise in Foreign Gold Prices and Devaluation of Baht The market experienced a total increase of 200 baht in gold prices today, attributed to the recovery of foreign gold prices and the devaluation of the baht. This surge has helped to bolster the price of gold in the country. Thailand’s Inflation and […]
Central Banks Continue to Drive Gold Prices Despite Market Volatility
Gold prices experienced fluctuations throughout the week, with both rises and plunges. However, there remains a strong momentum in central bank gold buying. According to the China Business Network, as of December 6, 2023, gold prices have exhibited a volatile pattern. The author, Zhang Jiaqi, and the editor, Xu Zhixi, reported on this development. For […]
Gold Price Update: Market Closes Down 200 Baht Despite Foreign Gold Movement
Gold Prices Adjusted 7 Times with Pressure on Domestic Market Today’s gold price was adjusted 7 times, resulting in a market closure at the same level as the morning, down 200 baht due to the strengthening baht. While foreign gold saw a slight increase, the domestic market continues to face pressure from the strong dollar. […]
Gold Prices Volatile for 2nd Day, Drops 250 Baht and Foreign Markets Plunge
Market Volatility Impacts Gold Prices The gold market experienced significant volatility for the second consecutive day, with prices adjusting 10 times and closing the market down a total of 250 baht. Foreign gold prices remained steady, with support expected at $2,009 per ounce. The baht remained stable amidst the fluctuations. Gold Prices and Foreign Markets […]
Gold Price Forecast: Direction Next Week and Investment Strategy Analysis
Gold Price Rises to 51.40 USD per Ounce, Analysts Predict Upward Swing Warut Rungkham, Director of Analysis at YLG Bullion and Futures Company Limited, revealed in an interview with Nation Online that the price of gold in November saw an increase to 51.40 US dollars per ounce. According to Rungkham, the trend in gold prices […]
The Surge in Gold Prices: What’s Behind the All-Time High and What’s Next
GOLD PRICES HIT ALL-TIME HIGH By Yoo Deok-gi, Reporter Recent developments in the gold market have sparked widespread interest, as the price of gold has reached an all-time high, with trading in the domestic gold market experiencing unprecedented levels of activity. Factors Driving Gold Prices According to the Korea Gold Exchange, the price of gold […]
Gold Prices Hold Steady as Baht Depreciates Further and US PCE Inflation Report Looms
Gold Prices and Market Updates November 30, 2023 The Association of Gold Traders has reported that the price of gold in the country today experienced multiple adjustments throughout the day, ultimately closing the market with a total increase of 300 baht. Foreign gold prices remained stable, while the baht continued to depreciate from the morning. […]
Gold Prices on the Rise: Update for 30th November 2023
Gold Prices Update as of 30/11/2023 at 2:50 pm Latest reports indicate a substantial increase in the price of gold today, with a rise of 250 baht compared to yesterday’s closing price. The selling price of gold jewelry is currently at 34,350 baht, as reported by the Gold Traders Association website at 2:50 pm. According […]
Gold Price Surges to 250 Baht as Foreign Markets Rise Strongly
Gold Prices Surging as Foreign Markets Break Through Resistance Levels The domestic gold price announced by the Gold Traders Association on November 29, 2023, closed sharply at 250 baht. The price trend has seen a strong rise, reaching a new high of $2,052 this morning. The positive factors behind this surge can be attributed to […]
