Gold up trade
The price of gold rose by Bt50 per baht weight in morning trade on Wednesday, the Gold Traders Association reported.
As of 9.26am, the buying price of a gold bar was Bt25,150 per baht weight and selling price Bt25,250 while gold ornaments cost Bt24,695.64 and Bt25,750, respectively.At close on Tuesday, the buying price of a gold bar was Bt25,100 per baht weight and selling price Bt25,200 while gold ornaments cost Bt24,650.16 and Bt25,700, respectively.The spot gold price moved to US$1,734 (Bt53,367) per ounce after rising by $1.70 to $1,730.90 on Tuesday. However, investors are delaying trading as they watch the outcome of the US Federal Reserve meeting on Wednesday and Thursday, an analyst said.The Hong Kong gold price meanwhile rose by HK$10 to $16,050 (Bt63,608) per tael, the Chinese Gold and Silver Exchange Society reported.
cited from NATION THAILAND