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The Price of Gold Soars 100 Baht from Last Week’s Closing Level – May 6 Update


The price of gold today, May 6, opens the market soaring 100 baht. from last Saturday’s closing level. (4 May)

Gold Traders Association Announcement of the price of gold in the country The market opens on Monday morning, closed to make up for Coronation Day. increased by 50 baht after last week the price of gold fell for 5 consecutive business days, totaling 900 baht, while the value of the baht this morning continued to strengthen from around 36.69 baht last weekend, leading to negative pressure on gold in the country

gold price today Statue 1 baht, buy 39,325.04 baht, sell 40,650 baht

  • Gold price today 1 baht 40,650 baht
  • Gold price today: 2 saung 20,575 baht
  • Gold price today: 1 saung 10,807 baht
  • Gold price today: half saung 5,653 baht

Gold bar price today Buy at 40,050 baht, sell at 40,150 baht

Foreign gold price 2,312.50 dollars per ounce

Spot gold prices recovered on Monday morning from last weekend. After the price first fluctuated and after the release of US non-agricultural employment numbers that came out lower than expected. It reinforces expectations that the US Federal Reserve (Fed) will start lowering interest rates this year. This should provide support for gold, which is an asset with no interest earnings. Instead, it encourages investors to buy risky assets like the stock market. Resulting in selling weight of gold.

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