YLG Bullion and Futures Public Company LimitedPrivate± Mixed
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Gold closes up 1,500 baht on weaker dollar and hopes Fed will slow rate hikes
CommodityMacroDigital Finance
Domestic gold prices closed on 6 August 2026, rising 1,500 baht per baht-weight from the previous close, with gold ornaments selling at 67,550.00 baht and gold bars at 66,750.00 baht, while the spot gold price stood at 4,269.00 dollars per ounce. The Gold Traders Association reported 34 intraday price adjustments before the market closed 400 baht lower than the morning open. Analysis from YLG indicated that gold price momentum strengthened due to a weaker US dollar and bond yields, along with hopes that the situation in the Strait of Hormuz may ease, while FedWatch Tools projected the probability of a rate hike in September falling to 54.9 percent.