Queues formed at gold shops around the country on Monday after the global gold price soared to its highest in more than a year and local prices set a record high.
In Yaowarat shops, the price of bullion rose 450 baht to a new high of 30,600 baht a baht weight buying and 30,700 baht selling on Monday morning. Gold adornments rose to 30,047.12 and 31,200.00 baht, respectively.
At 1.45pm the Gold Traders Association quoted the yellow metal up 350 baht, 10 baht below the morning price announcement.
The same scenario played out in Khon Kaen province, where people waited outside shops to sell their gold and take their profits.
Ekkaluck Chanawirat, owner of…
