Gold Prices Dip 300 Baht in Thai Market on September 17, 2025, Amid Global Economic Signals
Bangkok – Gold prices in the Thai market closed lower today, September 17, 2025, falling by 300 baht following a day of significant fluctuation.The price adjustments occurred as investors reacted to signals from the U.S. Federal Reserve regarding potential interest rate adjustments and the overall health of the American economy,alongside broader global market trends. The shifts impact both individual investors and the broader Thai economy, particularly those reliant on gold as a safe-haven asset.
The day saw four rounds of price adjustments,reflecting ongoing market sensitivity to economic indicators. A statement from Mr. Je rome Pavale highlighted concerns about a slowing labor market despite persistent high inflation, factors closely watched by the Fed as it prepares to release its DOT PLOT – a forecast of interest rates and key economic data. globally,prices are trending upward,but analysts recommend a cautious approach,favoring a strategy of accumulating gold at support levels.
Here’s a breakdown of the day’s gold price movements,as of the market close:
Golden (96.5% purity):
* 1st Time: Buy 55,200 baht per baht, Sell 55,300 baht per baht
* 2nd Time: Buy 55,150 baht per baht, Sell 55,250 baht per baht
* 3rd time: Buy 55,100 baht per baht, Sell 55,200 baht per baht
* 4th Time: Buy 55,050 baht per baht, sell 55,150 baht per baht
* 5th Time: Buy 55,000 baht per baht, Sell 55,100 baht per baht
Gold (99.99% purity):
* 1st Time: Buy 54,090.88 baht per baht, Sell 56,100 baht per baht
* 2nd Time: Buy 54,045.4 baht per baht, Sell 56,050 baht per baht
* 3rd Time: Buy 53,999.92 baht per baht,Sell 56,000 baht per baht
* 4th Time: Buy 53,954.44 baht per baht, Sell 55,950 baht per baht
* 5th Time: Buy 53,893.8 baht per baht, Sell 55,900 baht per baht
analysts recommend a buying strategy at support levels of 54,800 baht for domestic gold, with a profit target of 55,500 baht, and a sell order placed at 54,600 baht to mitigate potential losses. For international markets, a similar accumulation strategy is advised at the $3,660 level, with a profit target of $3,700 and a sell point at $3,630.
Further data can be found at:
* https://www.thaipbs.or.th/news/content/356620
* https://www.thaipbs.or.th/news/content/356619
* https://www.thaipbs.or.th/news/content/356586
