2024-02-14 09:16:53
Mr. Phibunrit Wiriyaphon, Director of the Gold Research Center Revealing that the gold price confidence index for February 2024 was at 67.27 points, an increase of 0.37 points or 0.55% from 66.90 points in January 2024, with factors supported by buying pressure during the Chinese New Year festival, money. The baht depreciates Supporting domestic gold prices, tense situation in the Middle East and demand for safe assets
While predicting the demand for buying gold during February 2024, out of a sample of 342 people, of these, 144 people, or 42%, expected to buy gold, while the other 122 people, or 36%, expected not to buy gold. And the remaining 76 people, or 22%, are not sure whether they will buy gold this month or not.
As for the sample group who were large gold trading operators and 13 futures brokerage operators that reference gold prices, of whom 6, or 46%, believe that the gold price in February 2024 will be similar to the gold price in January 2024. The other 5 cases, or 39%, are expected to increase. and the remaining 2 cases, or 15%, are expected to decrease.
For predictions of the gold price frame in February 2024 of major gold trading operators. There are views as follows. The world gold market price (Gold Spot) has an average range of 1,986-2,068 dollars/ounce. While the price of gold bars in the country Purity 96.5%, average crispness in the area 33,800-34,800 baht/gold baht, while the baht value Give an average range of 34.98-36.20 baht/dollar.
Recommendations for investing in gold in February 2024, major gold traders give an opinion that The gold price will continue to move within the frame in a sideways manner, waiting to see the clarity of the direction. Especially the monetary policy of the Federal Reserve. Because interest rates are still uncertain. As a result, the price of gold in the world market will fluctuate as well.
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