Gold price holds steady

By The Nation

 

 

The price of gold remained unchanged at the close of markets on Friday (March 6), the Gold Traders Association reported.

 

 

At 5.04pm, the buying price of a gold bar was Bt24,900 per baht weight and the selling price Bt25,000

old ornaments were Bt24,453.08 to buy and Bt25,500 to sell.

 

At Thursday’s close, a gold bar was Bt24,450 to buy and Bt24,550 to sell, and gold ornaments Bt24,013.44 to buy and Bt25,050 to sell.

 

Comex futures gold contracts increased by US$25 to $1,668 (Bt52,518.50) per ounce at Thursday’s close as investors turned to safe-haven assets amid Covid-19 worries.

 

Source: https://www.nationthailand.com/business/30383525

 

-- © Copyright The Nation Thailand 2020-03-07

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Losing 450 baht per baht weight, is not exactly holding steady.

 

These figures from: https://www.kitco.com/gold.londonfix.html

 

     Date       Gold price USD/oz.

                       AM.        PM

2020-03-06  1687.00.    1683.65

2020-03-05  1647.45.    1659.60

2020-03-04  1644.80.   1641.85

2020-03-03   1599.05.   1615.50

2020-03-02   1609.70.   1599.65

 

2020-02-28.   1626.35.   1609.85

2020-02-27.    1646.60.   1652.00

2020-02-26.    1647.95.   1634.90

2020-02-25.    1655.90.    1650.30

2020-02-24.     1682.35.   1671.65

 

 

Not steady at all...

Edited March 7, 20206 yr by Scott Tracy
Adventures to figures. Spellchecker will kill you.