Home » Business » Expect the “gold price next week” to float in a $ 1,645-1,675 frame, suggesting slowing down on investments first.

Expect the “gold price next week” to float in a $ 1,645-1,675 frame, suggesting slowing down on investments first.

The president of the Gold Traders Association expects gold prices to fluctuate next week after falling sharply, within a range of $ 1645 to $ 1,675.

Mr. Chitti Tangsittibhakdi, Prime Minister gold trade association comment Next week, the price of gold is likely to adjust and the price may drop. After the weekend, it dropped over $ 15 an ounce.

The factor still comes from the US economy. and the direction of the US Federal Reserve (Fed) interest rate adjustment, with a still volatile trend such as investors are expected to delay investment during this period

The price is expected for next week. It should be between $ 1645 and $ 1675 per ounce. And there is a chance to decline further if gold prices fall below the support level.

while the baht exchange rate is still fluctuating, increasing by more than 20-30 satangs, it could cause gold in the country The price moves in the 29,600 baht level.

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