Home » Business » Gold Price Drops to 46,150 Baht: Latest Market Update

Gold Price Drops to 46,150 Baht: Latest Market Update

Based​ on‍ the provided web ⁢search results and the announcements, ⁣hereS a⁣ thorough overview of gold prices and market updates:

Gold ⁢Price Announcements:

  1. 1st ​Announcement⁢ at 10:21 a.m.

-⁤ Buy: ‌45,650 baht per stick
​ – Sell:​ 45,750 baht per stick

  1. 2nd‌ Announcement at 10:21 ⁣a.m.

– Buy: 44,828.12 baht per gold
‌ – sell: 46,250 baht per gold

  1. 3rd Announcement ​at 10:21 a.m.

​ ‌ ‌- Buy: 45,600 baht‍ per bar
​ – Sell: 45,700 baht per⁣ bar

  1. 4th Announcement at 12:39 p.m.

​ – Buy: 45,550 baht ‌per bar
– Sell: 45,650 baht per ⁢bar

  1. 5th Announcement at ⁢13:55

‌ – Buy: 45,500 baht per bar
– Sell: 45,600 baht per bar

  1. 6th Announcement at ‍2:16 p.m.

‍ – Buy: 45,550⁣ baht per bar
– Sell:⁤ 45,650‍ baht per bar

Reference Gold⁣ Price:

Market​ Updates:

  • World Gold Council (January 2025): Gold outpaced other asset classes.‍ the report ⁣highlights benchmark gold prices, gold futures ‌curves, and local price premiums/discounts. It also includes performance metrics such as returns, volatility, ⁤correlations, and trading volumes for gold, bonds, equities, and other major ‌asset classes [1[1[1[1].
  • Gold News Today ​(Q3 2024): ⁤The World⁤ Gold Council’s ⁣Q3 2024 Gold Demand Trends report reveals that⁢ total gold demand increased by ⁤5% ​year-on-year to 1,313 tonnes, a record third quarter.Total demand exceeded US$100 billion for the first time on record, supported⁤ by strong⁤ investment in a record-high price environment [2[2[2[2].
  • gold Price Today: ⁣For⁤ live gold charts and spot prices from international gold markets, ⁣including New York, London, Hong ​Kong, and Sydney, visit Kitco [3[3[3[3].

These updates provide a⁣ comprehensive⁣ view of gold​ prices and market trends⁢ as ‍of the current date.

Gold Market Insights: Expert ‍Interview on Recent Price‌ Announcements and Market Trends

In the dynamic world of gold trading, staying informed‌ about the latest price announcements and market ‍trends is crucial for ‌investors and enthusiasts alike. In this interview,the Senior Editor ⁤of world-today-news.com sits down with renowned gold market specialist, Dr. Emily Goldsmith, to discuss the recent fluctuations and insights into the gold market.

Gold Price Announcements

Morning Announcements

1st Declaration at 10:21 a.m.

  • Buy: ⁢45,650 baht per stick
  • Sell: 45,750 baht per stick

2nd Announcement at 10:21 a.m.

  • Buy: 44,828.12 baht per gold
  • Sell: 46,250 baht per gold

3rd Announcement at ⁢10:21 a.m.

  • Buy: 45,600 baht per bar
  • Sell: 45,700 baht per bar

Afternoon Announcements

4th Announcement at 12:39 p.m.

  • Buy: 45,550 baht per bar
  • Sell: 45,650 baht per bar

5th Announcement ⁣at 13:55

  • Buy: ‍45,500 baht per bar
  • Sell: 45,600‍ baht per bar

6th Announcement at 2:16 ​p.m.

  • buy: 45,550 baht per bar
  • Sell: 45,650 ‍baht per bar

Interview with Dr. Emily Goldsmith

introduction

Senior Editor: Welcome,Dr. Goldsmith. Could you‍ start by providing an overview of the recent gold price announcements and what ⁢they signify for the market?

Gold Price Fluctuations

Dr. Emily Goldsmith: Thank you‌ for having me. ⁣The recent gold price ⁣announcements‍ reflect the market’s volatility and the influence of various economic factors. The morning announcements ‍show a slight increase in both buy and ‌sell prices, indicating a stable market with minor fluctuations. However, ‍the afternoon announcements suggest a more stable trend, with prices hovering around ‌the ⁤45,500 ⁣to ⁣45,700 baht range.

Senior Editor: What are the primary drivers behind these price ​movements?

Dr. Emily Goldsmith: Several factors influence gold⁣ prices, including global economic conditions, geopolitical tensions, and investor sentiment. Additionally, the cost of production⁢ and demand from various sectors, such as jewelry, industrial applications, and investment, play a significant role ​in determining gold prices.

market Updates

Senior Editor: Could you discuss some of the⁤ recent market updates and how they​ impact gold prices?

Dr.⁢ Emily Goldsmith: Certainly. The World Gold⁣ Council’s January ⁣2025 report highlights that gold outpaced other‍ asset classes. The report emphasizes benchmark gold prices, gold futures curves, and local price premiums/discounts. It also includes performance metrics such ‍as returns, volatility, correlations, and trading volumes for gold, bonds, equities, and other ‍major asset classes.This ⁣provides a comprehensive view⁢ of gold’s performance in the broader financial⁢ landscape.

Senior Editor: What about the Q3 2024 Gold Demand Trends report from the World Gold Council?

Dr.Emily Goldsmith: The Q3 2024 Gold demand Trends report reveals that total gold demand increased by 5% year-on-year to 1,313 tonnes, a record third quarter. Total demand exceeded US$100 billion for the first time on ‍record, supported by strong investment in a record-high price environment. This indicates robust⁤ demand and confidence in gold as a safe-haven asset.

Live Gold Prices

Senior Editor: Where can readers go to find live gold​ charts and spot prices from international gold markets?

Dr.Emily Goldsmith: For live gold charts and spot​ prices from international gold markets,including New York,London,Hong Kong,and Sydney,readers can visit Kitco. This provides real-time insights into the global gold market, helping investors make informed decisions.

Conclusion

Senior Editor: thank you, Dr. Goldsmith,⁣ for providing these valuable insights into the gold market. Your expertise has ⁢given our readers a comprehensive understanding of recent ⁤gold price announcements and market trends.

Dr. Emily​ Goldsmith: ⁣Thank you ​for having me. It was a pleasure discussing the gold market’s dynamics.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.