Business

Big rush to Yaowarat gold shops after price skyrockets

  THERE were long queues at all gold shops in Yaowarat today (Mar. 9) with people waiting patiently to buy and sell gold ornaments and bars after the price climbed by 900 baht overnight, Naewna newspaper said. Today’s buying price of gold bars is 31,900 baht per baht weight and selling price 32,000 baht while

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Business

Gold eyes US$2,000 mark in speedy record-breaking run

By Reuters, published by Channel NewsAsia London/Bengaluru: Gold’s record rally is moving tantalisingly close to the psychologically key US$2,000 level, powered by investors seeking cover from Covid-19’s global economic toll, as reflected in dollar weakness, faltering stocks and US-China trade tensions. Spot gold prices have surged 53% in the last 14 months, blowing past 2011’s

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