On April 2, 2025, the price of gold saw a notable increase, with gold ornaments selling for 51,450 baht, reflecting a rise of 50 baht from the previous day. This uptick comes after a significant surge in prices the day before, where gold reached a record high of 50,700 baht.
According to the Gold Traders Association, the announcement made at 09:06 AM indicated that the buying price for gold bars was set at 50,550 baht, with a selling price of 50,650 baht. Meanwhile, the buying price for gold ornaments stood at 49,633.84 baht, maintaining the selling price at 51,450 baht.
In the context of global markets, the Gold Spot price was reported at $3,134.00 per ounce. This price reflects the ongoing fluctuations in the gold market, driven by various economic factors, including inflation concerns and currency fluctuations.
Earlier on April 1, 2025, the gold prices had already experienced a remarkable increase of 550 baht, which heightened interest among investors and consumers alike. The previous day's closing price was notably higher, leading to the current adjustments.
As the day progressed, the market saw further adjustments. By 13:14 PM, the Gold Traders Association reported a decrease of 200 baht in the price of gold ornaments, bringing the price down to 51,200 baht. The buying price for gold bars also reflected this change, now at 50,300 baht, with a selling price of 50,400 baht.
The fluctuations in gold prices can often be attributed to a variety of factors, including geopolitical tensions, changes in interest rates, and shifts in investor sentiment. As gold is traditionally viewed as a safe-haven asset, its price tends to react to broader economic conditions.
As of the latest updates, the buying price for gold ornaments (96.5%) was set at 49,391.28 baht, while the selling price was adjusted to 51,200 baht. This reflects the dynamic nature of the gold market, where prices can change rapidly based on market conditions.
The Gold Traders Association continues to monitor these changes closely, providing regular updates to keep consumers informed. The association's announcements are critical for both investors and everyday consumers looking to buy or sell gold.
In summary, the price of gold on April 2, 2025, demonstrated significant volatility, with an initial increase followed by a subsequent decrease. As the market continues to react to various economic indicators, consumers are encouraged to stay updated on the latest price announcements from the Gold Traders Association.
