Thailand gold price down another 50 baht per baht, resulting from the appreciation of the baht.
Gold bullion - Thailand's figure fell another 50 baht despite rising international prices. The value of the baht strengthened.
August 22, 2016 Daily News Online The gold trade association reported that the domestic gold price has dropped by 50 baht. The gold bullion was bought at 18,450 baht per sold-out, 18,550 baht per kilogram. The gold was bought at 18,116.20 baht per kilogram and sold at 19,050 baht per baht.
Foreign gold prices are at 1,196 US dollars per ounce, 32.72 US dollars per US dollar. Yesterday it was at 1,194 US dollars per ounce, the baht was at 32.79 baht per US dollar.
YLG Bullion International Co., Ltd. reported that the baht strengthened, causing the domestic gold price to drop and the gold press did not recover. Although gold prices in foreign countries are higher.
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