Gold prices see slight lift, gold ornaments trading at 32,500 baht

Gold prices surged today as the Gold Traders Association revised rates upwards. This comparison is made to the end prices of August 28, when gold ornaments were selling at 32,500 baht per baht weight. Today, the price was revised upwards by 100 baht, compared to the closing price of August 28. The price of gold ornaments moved to 32,500 baht per baht weight, according to the latest data published on the Gold Traders Association’s website at 9.26am.

In the domestic market, the purchase price for gold bars stood at 31,900 baht per baht weight and were sold at 32,000 baht, as announced in the first release of the day. Gold ornaments with 96.5% purity were bought at 31,320.56 baht per baht weight and sold at 32,500 baht. The global gold market (Gold Spot) was priced at US$1,921.50 per ounce.

To summarise, the gold prices for today, August 29, as…