The promoting value of gold (96.5%) within the nation at this time varies in line with the gold value scenario on this planet market and trade charges. In the course of the day, there have been a complete of 16 value adjustments up and down, with the worth rising from Saturday by a complete of 400 baht, the market closed, stated the Gold Merchants Affiliation.
+++ Gold bar value, purchase 41,500.00, promote 41,600.00
+++ Gold jewellery value, purchase 40,750.08, promote 42,100.00
In the course of the day, gold costs within the Asian market elevated to a brand new degree of $2,449/oz. There is a crucial issue from the downward course of the greenback. and US bond yields It’s because traders have a optimistic outlook on the problem of rates of interest from the Federal Reserve (Fed) following financial knowledge from the labor market. And financial knowledge associated to inflation in April turned out to be slower than anticipated.
There’s additionally the issue that the Iranian authorities have introduced the demise of the President of Iran Ibrahim Raisi in a helicopter accident. It might increase the stress of the scenario within the Center East. So traders are more and more shopping for gold as a protected haven. So the worth of gold additionally received extra assist.
baht charge at this time The market closed tonight at 36.03 baht / greenback, the bottom power in two months because the market opened this morning at 36.07 baht / greenback ) The information got here out higher than anticipated. Make the market predict that The Financial Coverage Committee (MPC) is in no rush to think about chopping rates of interest this yr, even when progress is especially within the tourism sector.
The SET Index closed at this time at 1,378.70 factors, down 3.98 factors, with a transaction worth of 44,052.38 million baht, web international purchases of 109.22 million baht.
The Hold Seng Index of the Hong Kong Inventory Trade closed optimistic at this time (Might 20) in response to information that China has issued measures to revive the true property sector rates of interest later.
The Nikkei Index, the Nikkei Inventory Trade Tokyo Index, the Tokyo Inventory Trade closed optimistic at this time, supported by the Dow Jones Index, the New York Inventory Trade, which closed above 40,000 factors for the primary time final Friday (17 Might) The Nikkei Kei index closed at 39,069.68 factors, up 282.30 factors.
#Home gold
#Greenback weakening
#Fed cuts rates of interest
2024-05-20 13:36:22
#Gold #modified #instances #jewellery #touched #Thai #shares #fell #baht #strengthened