Trump/Kim and football will affect gold shops this week - industry leader

 

Picture: Sanook  

 

Dr Kritcharat Hiranyasiri chief of the MTS Gold Group has warned gold shops nationwide about the World Cup and the effect of the Sentosa summit.

 

Regarding the World Cup that starts in Russia on Thursday he warned the shops to expect an increased risk of hold-ups and robberies.

 

Gamblers needing money may resort to theft at the shops.

 

Regarding the meeting in Singapore between US President Donald Trump and his North Korean counterpart Kim Jong Un he said that should there be broad agreements between the pair the gold price would go down.

 

At the moment it is trading in the range of 19,450 to 19,350 baht per baht weight.

 

The gold price would also be affected by decisions in the US Fed this week, he told INN in the story reported by Sanook.

 

Source: Sanook

555 - Easy to see Dr Kritcharat Hiranyasiri wants to make the people selling their gold ...
I'm confident that when the chief of the MTS Gold Group publicly predicts a drop the gold price is most highly expected to shoot up.

5 hours ago, webfact said:

Regarding the meeting in Singapore between US President Donald Trump and his North Korean counterpart Kim Jong Un he said that should there be broad agreements between the pair the gold price would go down.

That's reason enough to hope for a bad outcome of that meeting.