Thai Gold Falls THB 1,300 Amid Global Market Turbulence
Thai gold prices plunged sharply on February 6, falling THB 1,300 per baht from the previous close, as global precious metals markets faced heavy volatility. The Gold Traders Association reported…
Gold, Silver Bounce Strongly After Recent Slide
Gold jumped more than 5% and silver nearly 5% after suffering heavy losses in the previous two trading sessions, as investors returned to the market on the back of strong…
Gold Climbs Above $5,100 Amid Worldwide Uncertainty
Gold traders are warning of a possible price correction after bullion surged past US$5,100 per ounce for the first time, driven by geopolitical tensions and a weakening US dollar that…
Bank of Thailand to Impose Limits on Online Gold Trading
The Bank of Thailand will introduce limits on online gold trading from Jan 29 in an effort to reduce upward pressure on the baht, Governor Vitai Ratanakorn said on Wednesday.…
Bank of Thailand Suggests Stricter Regulations on Gold Trading
The Bank of Thailand has urged the Ministry of Finance to tighten controls on gold trading, citing its influence on currency movements and the baht’s rise. Governor Vitai Ratanakorn indicated…
Gold Gains Before Fed Rate Cut Announcement, Silver Reaches $60/oz Milestone
Gold prices increased by 0.6%, reaching $4,211.77 per ounce as of 3:21 pm ET (2021 GMT), with US gold futures for February rising 0.4% to close at $4,236.20. Silver outperformed…
Gold surpasses $4,100 and targets $5,000 as US-China trade tensions escalate
On Tuesday, gold prices hit an unprecedented high, surpassing $4,100 per ounce, driven by anticipation of Federal Reserve interest rate cuts and renewed fears over US-China trade tensions. According to…
Gold reaches a new record high above US$4,000 an ounce amid market turmoil
Gold hit an all-time high of $4,011.18 per ounce on Wednesday, surpassing the $4,000 milestone for the first time as investors flocked to the metal amid escalating economic and geopolitical…
Gold Approaches $4,000 Amid US Shutdown Safe-Haven Demand
On Monday morning, gold prices surged past US$3,900 per ounce, nearing the US$4,000 mark, driven by increased demand for safe-haven assets amid the ongoing US federal government shutdown. Bloomberg reported…
Gold Prices Hit New High, Surpassing $3,800
Gold Reaches Record High, Surpassing $3,812 Per Ounce Amid Political Uncertainty and Economic Factors The price of gold hit an all-time high on Monday, soaring past $3,812 per ounce as…