BANGKOK SEATIZENS – The Gold Traders Association (GTA) announced a welcome bout of stability in today’s gold prices, prompting savvy investors to make their move. In an unexpected twist for the Thai economy, gold prices remain constant as of today, October 28, keeping the market at a tantalising standstill.
ACCORDING TO THAIGER – At 9am, the GTA released an update confirming that the price for gold ornaments remains firm at 44,200 baht per baht weight, unchanged from yesterday’s figures. Decision-makers now face a golden opportunity as they grapple with whether to dive in!
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Golden Opportunity for Thai Investors as Gold Prices Hold Steady
This morning, the GTA confirmed that gold prices remain stable. Domestic gold bars are priced at 43,600 baht per baht weight for buying and 43,700 baht for selling. For 96.5% gold ornaments, buyers pay 42,811.84 baht, while sellers get 44,200 baht. Global Gold Spot prices are at US$2,732.00 per ounce.
Analysts suggest this stability is a prime time to invest. The GTA is monitoring the market and will update stakeholders on any changes. Now is a great time for investors to make confident decisions without economic jitters.
(BEAM CHAYAPON)
