Gold price hits new high again, gold bars exceed 40,000


Bangkok, Gold breaks another record high this morning, rising to 450 baht. Gold bars exceed 40,000 baht due to strong purchasing power of gold, a safe asset. amidst the tense situation in the Middle East

The Gold Traders Association reported today’s first round selling price jumped 450 baht/baht of gold, gold bars sold out. Reaches the level of 40,250 baht per baht, buying 40,150 baht. Jewelry prices sell out at 40,750 baht per baht, buying 39,431.16 baht, a new record high price. Reflecting the sharp price surge of Asian gold this morning, 2,328 US dollars/ounce, baht 36.56 baht/US dollar.

New York gold futures closed higher on Friday (April 5), hitting a new record high on strong buying of gold contracts, which are considered safe-haven assets amid rising tensions in the Middle East. after Iran confirmed its response to Israel’s attack on the Iranian embassy in Syria this week.

Gold contracts on the COMEX (Commodity Exchange) market for June delivery rose 36.90 dollars or +1.60% to close at 2,345.40 dol
lars/ounce.

Source: Thai News Agency