Compare gold price statistics

uptrend

If you want to sell and make a profit, how can you not be pressed?

Thairath Online

  • Thai Rath Scoop

  • Infographic

Apr 8, 2022 2:11 p.m.

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russia-ukraine war

It also creates concern for investors.

As a result, the price of gold fluctuates.

up and down alternately without direction

by Thai gold price

Still surpassing 30,000 baht, most recently, the United Nations General Assembly (UNGA) resolved to impeach Russia.

Retired from being a member of the Human Rights Council

in response to the invasion of Ukraine

If the fighting situation is severe,

The price of gold has a very high chance to rise quickly and strongly.

But if the war ends

gold price will fall fast

By now, the trend of gold prices

is still an uptrend in tandem with inflation.

Including the baht will continue to depreciate

expected Thai gold price

may increase to 31,500 baht per baht during the next 2 months or in the second quarter of this year from the view of analysts

In addition, the gold price

Has also been pressured if the Federal Reserve (Fed) will raise interest rates within this year to 3.5% and confirmed to raise interest rates 0.50% in May after an overview of US inflation.

growing faster than expected

The number of US unemployment claims fell to 166,000 last week.

It was lower than analysts' forecast of 200,000, further accelerating the Fed's rate hike.

and support the dollar to strengthen again

The baht is still depreciating.

When the gold price is trending up

Of course, there are often people who sell gold to make a profit, especially gold jewelry.

The sale of gold when buying any shop must be sold back to that store.

and should keep the warranty card

in order not to be pressured

The criteria of the OCPB stipulates that the redemption of gold jewelry

to deduct depreciation

From the redemption price of gold bullion up to 5% if sold in different stores

may be deducted more than 5%

Therefore, if gold jewelry has a beautiful pattern, or is not beautiful, or is torn, damaged, distorted, the selling price of gold is not much different.

but the weight of gold

More likely to be lost than gold bars

From regular wear until the hook comes off, the necklace is torn, the ring is distorted.

lost the weight of gold

not like gold bars

There is less chance of damage and lost weight of gold.

because it is pure gold

and the redemption price is better than gold jewelry

In conclusion, before selling gold

Should compare with many stores, it's better.

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