Golden surge: Thailand witnesses one hundred baht spike in gold prices

Gold costs in Thailand saw a robust surge right now, with costs for gold bullion and gold ornaments rising by one hundred baht in comparison with their closing ranges on June 5.
Data from the Gold Traders Association revealed that the value for gold ornaments stood at 32,750 baht per baht weight, whereas gold bullion was being bought at 32,150 baht and offered at 32,250 baht per baht weight. Meanwhile, the worldwide gold spot value was US$1,963.00 per ounce.
In comparability to the ultimate costs yesterday, the situation today reflected a major improve within the costs of gold ornaments. According to information from the Gold Traders Association’s web site, the replace got here round 9.27am. For 96.5% gold ornaments, the buy value was 31,578.28 baht per baht weight, and the selling value was 32,750 baht.
Considering Improved -price announcement for at present, gold bullion’s buy price stood at 32,150 baht per baht weight and the selling value at 32,250 baht. Gold ornaments, however, had a purchase worth of 31,578.28 baht per baht weight and a promoting worth of 32,750 baht. The gold spot value within the international market additionally held at US$1,963.00 per ounce.
In abstract, gold prices for today noticed the following charges during the first price announcement::

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