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December 9, 2020
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The price of gold today remains constant, the appearance sells for 27,050 baht. Gold bars sold out at 26,550 baht
Gold Price Wednesday December 9, 2020, first price announcement (market open) at 9:24 am Gold jewelry is sold unchanged at 27,050 baht. Compared to the last listing announcement yesterday
Trading price of national gold of the 96.5% type Tuesday, December 9, 2020 (announcement No. 1)
Gold price
Sold out 27,050 baht per bahtbaht
Buy every baht 25,969.08 baht
Gold bullion price
Sold out for baht 26,550 baht
Buy every baht 26,450 baht
YLG Bullion International Company Limited Reports Gold Prices for December 9, 2020
concludeGold prices closed yesterday up 9.70 an ounce. It was fueled by hopes of the release of a new round of fiscal stimulus in the US recently, US Secretary of the Treasury Steven Mnuchin said. He presented a $ 9.16 billion stimulus package during a meeting with the Speaker of the US House of Representatives, Nancy Pelosi. From the Democrats
The plan will include money to help Democrats prioritize state and local governments. And liability insurance for the business sector (corporate liability protections) that Republicans focus on. These factors stimulated the purchase of gold as a hedge against inflation and currency depreciation. As a result, the price jumped to a high of 1,875.09 an ounce.
However, the price of gold rose within a limited framework. As the dollar rebounded from the pound’s depreciation amid no-deal Brexit concerns coupled with uncertainty from the US fiscal stimulus package because Majority Leader Mitch McConnell in the Senate. He disagrees on the combination of state and local government grants and corporate debt guarantee in the new round of stimulus.
Gold has also been affected by advances in the COVID-19 vaccine after the US Food and Drug Administration (FDA) signaled “approval” to use Pfizer’s vaccine as an emergency. (USA) also at Thursday’s meeting, the SPDR gold holding fund remains unchanged.
For today, keep track of US Wholesale and JOLTS Job Openings stock disclosures.
Short-term speculation Despite the fact that the price has gradually increased, the purchasing power is not much. After the price rose sharply It is recommended to open a buy position if the price can exceed $ 1,850-1,846 an ounce. You should gradually profit if the price is not above the $ 1.878-1.887 per ounce zone.
