Thailand’s Gold Research Centre advises caution

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The Gold Research Centre says there are four factors to watch, which may influence the price of gold in Thailand this week, as most investors are predicting that the metal’s price will continue to rise.

 

First are the US Federal Reserve meetings tomorrow and Wednesday, after the Federal Reserve chair Jerome Powell signalled that the interest rate may be increased by a quarter point to arrest inflation in the US after reaching the highest in 40 years last month.

 

Second are the peace talks between Russia and Ukraine, which have shown no sign of progress.

 

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Full Story: https://www.thaipbsworld.com/thailands-gold-research-centre-advises-caution/

 

-- © Copyright Thai PBS 2022-03-14

 

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