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 Looks to Mitigate Gold Price Impact on Baht
Thailand’s central bank announced on Monday that it will closely monitor and manage the baht. The Bank of Thailand is exploring measures to reduce the influence of gold price fluctuations…
Gold Surpasses $2,500 for the First Time
Gold has reached a new milestone, exceeding $2,500 an ounce for the first time, driven by expectations that the US Federal Reserve is moving closer to interest rate cuts. On…
Baht weakens over stronger dollar while gold prices fall
The baht opened at 36.29 to the US dollar on Monday, weakening from Friday’s close of 36.03. The Thai currency will likely move between 36.20 and 36.40 against the US…