Gold opens higher by 400 baht as weaker dollar supports prices after oil eases inflation concerns

CommodityDigital FinanceMacro
โดย InfoQuest·TH·Read original
Summary · why it matters

Retail gold prices in the country opened higher this morning by 400 baht per baht-weight of gold, with the Gold Traders Association announcing its first price of the day at 9:03 a.m. Gold bars are bought at 68,300 baht per baht-weight and sold at 68,500 baht per baht-weight, while gold ornaments are bought at 66,931.40 baht per baht-weight and sold at 69,300 baht per baht-weight. An analysis by YLG Bullion International Co., Ltd. noted that yesterday gold closed up 77.80 dollars, recovering from its lowest level in nearly six weeks, after oil prices fell for a second consecutive day to a one-week low as supply concerns eased, helping to reduce inflationary pressure. Meanwhile, the dollar weakened from its seven-week high after the market absorbed the latest interest rate hike by the US Federal Reserve. Today the market is still watching the Bank of Japan meeting, which is expected to raise interest rates to their highest level in 31 years and may signal further rate hikes ahead, which would affect the direction of the yen, the dollar, and gold.

Impact on stocks 3

Others▲ · 3 stocks
％Effective Federal Funds Rate
EFFR
± MixedMonetaryrelevance

Article notes the market absorbed the latest Fed rate hike, but gives no new Fed decision; only context for dollar/gold.

© 2026 MarketDXNews