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Sunday, May 12, 2024

Thai gold price hits record

Surge attributed to Mideast conflict

People gather at a Hua Seng Heng gold shop on Yaowarat Road. (Photo: Pornprom Satrabhaya)

Domestic gold prices rose to a record high of 34,100 baht per baht weight on Thursday, up 300 baht from a day earlier, as the intensity of the Israel-Hamas conflict has driven up demand for the safe-haven asset, says the Gold Traders Association (GTA).

The association announced on Thursday the…

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