New Hi gold for Songkran Gold jewelry hits 41,700 baht

Bangkok: The price of gold is rising without stopping. Half a day has already changed 9 times, making a new high for Songkran. Gold bars sold for 41,200 baht, gold jewelry sold for 41,700 baht. Gold Traders Association Gold price report today (April 12, 2024) for the first time. Market opens at 9:00 a.m. Gold bar price: buy 41,150 baht, sell 41,050 baht, while gold jewelry buy 41,310.44 baht, sell 41,650 baht, price adjusted up 700 baht, high. The most unprecedented While the second time at 9:07 a.m., the price reached a new all-time high. Increased another 50 baht. Gold bars bought 41,100 baht, sold 41,200 baht. Gold jewelry bought 40,355.92 baht, sold 41,700 baht. Over the course of half a day, the price has changed 9 times, increasing 700 baht by the 9th time at 11:39 a.m. Gold bars bought for 41,050 baht, sold for 41,150 baht, gold jewelry bought for 40,310.44 baht, sold for 41,650 baht. Analysis from YLG Bullion International Co., Ltd. (YLG) revealed that the price of gold moved in an upward swing di rection, with yesterday (April 11) the market closing price near the highest level of the day and today (April 12) Apr.) The price makes a new All-Time High if the price declines are limited. There may be speculative buying pressure coming in again. Analysis from Hua Seng Heng Gold Futures Co., Ltd. indicates that gold prices are still making new highs despite signs of short-term contraction. But every time there is selling pressure, there will be stronger buying back pressure. It is expected that the price of gold will continue to increase. With a short-term target of 2,400 dollars. Source: Thai News Agency

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