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It's dropping because of the strong THB/USD cross rate and a recently declining USD gold price from an all time peak.  The USD price of gold peaked circa USD3,500 a few months ago and is now hovering in a range of USD3,350 3,380 and looking to break USD3,400

 

My advice, don't chase the odd 50 buck price variation of gold - view gold as long term preservation of wealth as opposed to a commodity, and make your decision.

 

Just remember that anybody holding a decent chunk of their wealth in gold is praying nightly for two things at once - rampant monetary inflation, and near-zero inflation. Neither can be true at the same time.

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