Thai Rath Edition
12 Nov 2021 05:15
The reporter reported the gold price on November 11, 64 that has been adjusted throughout the day 6 times, with the price of gold bullion in the country closed for sale at 28,950 baht per baht, an increase of 650 baht from November 10. rising gold price This was driven by both the rising global spot gold price. and the baht that continued to depreciate By opening the market in the morning of November 11, the gold spot price in the world market is at $1,844.50 per ounce. Thai baht is at 32.87 baht per US dollar. The price of gold bullion in the country in the morning sold out at 28,700 baht, an immediate increase of 400 baht, and during the day there was a strong buying power in the world market continuously. This caused the global spot gold price in the evening to rise to $1,858.50 and the depreciation of the baht to 32.95 baht, further boosting the domestic gold price.
Mr. Thanarat Phasawong The managing director of Hua Sheng Gold Futures said the spot gold price reversed its upward trend and hit its highest point in more than four months. Or consumer price index (CPI) in October rose to a record high since the start of data collection in 53, looking at the gold price trend Spot for the rest of this year will continue to rise. with a target of $1,900.
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