Gold Prices Hold Steady on August 7 After Sharp Rally
Gold prices held flat on August 7 in Thailand, with ornaments at 67,550 baht per baht weight, though traders predict a surge of 1,000-2,000 baht when markets reopen.
The Thai Gold Traders Association has announced gold prices for August 7, 2569, which remain unchanged from the previous day's close. Gold ornaments are trading at 67,550 baht per baht weight, according to the latest data released by the association at 9:02 a.m. Gold bars are trading at 66,550 baht per baht for purchases and 66,750 baht per baht for sales. For 96.5% gold ornaments, the buy price stands at 65,218.32 baht per baht and the sell price at 67,550 baht per baht, while global gold spot prices are at 4,260.00 US dollars per ounce. Gold traders predict that when the market opens tomorrow, prices could surge an additional 1,000 to 2,000 baht per baht, potentially breaking through the 80,000 baht level.
