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Posted

Gold drops 100 baht today

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Gold plunged again on Saturday (Sept 30) with price falling 100 baht on the first hour of trading.

 

According to the Gold Traders Association, the buying prices for gold ornaments opened at 19,783.80 baht per baht-weight, and the selling price at 20,750 baht.

 

The buying price for gold bar opened at 20,150 baht per baht weight, and the selling price at 20,250 baht.

 

Full story: http://englishnews.thaipbs.or.th/gold-drops-100-baht-today-2/

 

 
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-- © Copyright Thai PBS 2017-09-30

 

Posted

It seems to me that when you've got a 5% spread between the bid and ask a little price discovery within that range is to be expected. Whoever is making the market must be cleaning up!

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