News Forum - Thai gold prices plummet, buyers encouraged to act

[Thaiger]

The Thai Gold Traders Association (GTA) disclosed a significant drop in gold prices, prompting those interested in purchasing to act quickly. The price of gold ornaments tumbled by 150 baht, comparing the closing price on January 24, which stood at 34,650 baht per baht-weight. Today the latest figures from the association’s website, reported at 9.06am, … …

The story Thai gold prices plummet, buyers encouraged to act as seen on Thaiger News.

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[Pinetree]

1 hour ago, Thaiger said:

The price of gold ornaments tumbled by 150 baht, comparing the closing price on January 24, which stood at 34,650

'tumbled' by 150 out of 34,650, a drop of less than 0.5%; hardly tumbling  is it? 

[Sparrows]

4 hours ago, Pinetree said:

'tumbled' by 150 out of 34,650, a drop of less than 0.5%; hardly tumbling  is it? 

And the headline states “plummet”. Hardly a blip really.

And buyers urged to act quickly… who’s trying to shore up the gold price? Very odd, or just shoddy, I’m unsure which.
 

[garyknrd]

Joke of the day!

[Thaidup]

Am I too late? I bought 20 baht of gold in around 2017 at 19500, should I run out now and buy more? should I listen to The Thaiger or use my own common sense?