Gold prices continue to rise to record levels, with the Tat potentially reaching 45,000 baht.



The local gold price rose and fell 25 times, and at the close of this evening, gold bullion was sold for 41,350 baht, 41,850 baht, and MTS Gold estimates that the price of gold in the country this year has a chance to reach 45,000 baht.

The price of gold in the country today is still rising to record levels continuously. Since the market opened in the morning at 9 a.m., the Gold Traders Association reported that the price of gold has risen to 700 baht per gold from yesterday's closing level (April 11). The purchase price is 41,050 baht per baht, and the sale price is 41,150 baht per baht. As for the price of gold jewelry, the purchase price is 40,310.44 baht per baht, and the selling price is 41,650 baht per baht.

While during the day the gold price is adjusted from top to bottom 25 times and the same amount is adjusted each time, 50 baht each time, in total throughout the day. The price of gold rose by 200 baht per baht, reaching the final price today at 5:02 pm at the gold bar price. The purchase price is 41,250 baht per baht, and the sale price is 41,350 baht per baht. As for the price of gold jewelry, the purchase price is 40,507.52 baht per baht, and the selling price is 41,850 baht per baht.


* The price of gold in the country this year is likely to reach 45 thousand baht.

MTS Gold analysis indicates that the global gold price achieved a new all-time high of $2,390, while the Thai gold price achieved a new all-time high of 41,000 baht per gold baht. However, the gold price is still expected to have a chance to increase. Test the $2400 level today. While the price of Thai gold has risen and there should be a target of 45,000 baht per gold baht during this year.

For the strategy, I advise investors to close sell positions. And buy when the gold price is weak. Today, gold prices are expected to have a support level of $2,365 and a resistance level of $2,410.

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