Gold price dropped by 20,000 baht, lowest around 4 months! I recommend investing.
Gold bullion - gold in the country. The lowest level in 4 months was below 20,000 baht after investors turned to speculate on the dollar. The market is down.
The price of gold and the gold price in the country dropped to 20,000 baht. The gold bullion was bought at 19,300 baht per sale, 19,400 baht per baht. The gold price to buy 18,950 baht per baht and sell out 19,900 baht per baht, according to foreign gold prices fell to 1,224.50 dollars per ounce.
YLG Bullion International Co., Ltd. disclosed to the Daily News website that the situation has resulted in the lowest price of gold in the four months since March 19, 2018, due to the overall. The US economy is recovering, causing investors to continue to invest in US dollars. And push the price of gold down. The major pressure comes from the fact that the Federal Reserve Chairman (Fed) said the US economy. Expansion at a rapid rate. And enough to cause the Fed to raise interest rates again two times during the remainder of this year.
Analysts at YLG Bullion International Ltd. said the overall direction of the gold price will continue to fall. It is advisable to delay the purchase of gold before. If the gold price can not stand above $ 1,222-1,220 per ounce. This may cause the price to adjust and decrease more.
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