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How much higher does the ‘gold price’ during the ‘Chinese New Year’ 5 years?

February 12, 2021


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During the “Chinese New Year” season, one of the most popular forms of “Tae-Ai” is given to each other, which is “gold”, both gold and gold bullion. With comparison of the past 5 years

“Chinese New Year” It is the New Year’s Day according to the Chinese calendar. “Chinese New Year 2021” This year matches the date February 12, 2021 And also a day of reunion as well To travel to find relatives to bless the Chinese New Year Traditionally Those who are older and working will give Look awayorAng PaoWith children or younger people Not just cash Another popular thing is given to each other. gold Be it “Golden Buddha” or “Gold Bar”

For this year, due to the global situation facing the epidemic situation ofCOVID-19 That affect the global economy One of the things that many people have noticed is Gold price That is higher from beingShelter assets (Safe Heaven) Because the asset typeshareThere is high volatility in the past year 2020. Gold priceHas set a record surpassing 30,000 baht

“Bangkok Business Online” Will bring to shineGold price during Chinese New YearThis year how much the price will be? Along with how different the price of gold in the past 5 years has been different How much higher?

In 2021, this marks the second year that Thailand and the world face the COVID-19 crisis. Affect the purchasing power of the people, making thoseGold guruDecidethat The atmosphere of buying gold during the Chinese New Year next week.Will not come backNot busy

side “Jitti Set the right to be loyal. “ Chairman of the Board company Gold Shop Jinhua Heng And President of the Gold Trade Association Revealed that the atmosphere of buying gold during the Chinese New Year this week is not as lively as in the past. Even close the market last week Gold prices have dropped quite a lot. Enough to make the atmosphere of buying gold may be better than normal. But with the effects of the epidemic-19 New wave Purchasing power has not yet recovered, resulting in a decrease in spending on luxury goods. In addition, the popularity of gold for gifts or bonuses is reduced. And most of them are already popular to buy during the New Year season

Reinforcing the image of gold trading atmosphere that is quite lonely this year “Natthaphong Hiranyasiri “ Chief Executive Officer company MTS GOLD GROUP Said Even though the price of gold has fallen over the past week and for several weeks, the price of gold has started to decline.

But the atmosphere in buying gold during Chinese New Year this year is not as lively as China. Due to impacts, travel is not possible during the COVID-19 epidemic. New wave And consumption for investment in gold, which moves in contrast to investing in the dollar. Along with the direction of the silver price around this round to lead the gold price But when the price of silver metal drops, it can be a factor that pressure the gold price to drop.

Read more news: ‘Gold price’ during Chinese New Year drops, but the market still collapses.

The price before Chinese New Year, February 11, 2021, the selling price of gold jewelry (open market) is 26,550 baht per baht, while the price of gold bars is 26,050 baht per baht.

However, if you compare it with the price of gold during Chinese New Year 2020, which falls on March 25, 2020, you can see that the selling price of gold in 2021, both gold and gold bullion, is much higher, higher than 3,350 baht per baht.

While comparing 2020 and 2019, it was found that the selling price of gold in 2020 was higher, with both jewelry and gold bullion higher than 3,200 baht per baht.

If comparing 2019 with 2018, it was found that the higher selling price of gold Not much higher Still in the hundreds baht figure Which is higher than 150 baht per baht only and in 2016 found that the selling price of gold is lower than that of 2017, with gold jewelry selling prices lower than 300 baht per baht, while gold bars are lower than 250 baht per baht

Origin: Gold price .com

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