Gold Prices Dip 300 Baht in Thai Market onโ September 17, 2025,โข Amid Global Economic Signals
Bangkok – Gold prices in the Thai market closed lower โขtoday, September 17, 2025, falling by 300โ 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 โof the American economy,alongside broader global market trends. The shifts impact โขboth individual investors and the broader Thai economy,โข particularly those โreliant on gold โฃas a safe-haven asset.
The day saw four rounds of price adjustments,reflecting ongoing market sensitivityโค to economic indicators. A statement fromโ Mr. Je romeโ Pavale โขhighlighted concerns about a slowing labor market despite persistentโ high inflation, factors closely watched by the Fed as โit prepares to release its DOT PLOT – a forecast โof interest rates and key economic data. globally,prices are trending upward,but analysts recommend a cautious approach,favoring a strategy of accumulating gold atโฃ support levels.
Here’s a โฃbreakdownโ of the day’s gold โprice movements,as of โคthe market close:
Golden (96.5% purity):
* โฃ 1st Time: Buy 55,200 bahtโ per baht, โSell 55,300 baht per baht
* 2nd Time: Buy 55,150 baht per โbaht, Sell 55,250 baht per baht
* 3rd time: Buy 55,100 baht per baht, Sell 55,200 bahtโ per baht
* 4th Time: Buy 55,050 baht per baht, sell 55,150 baht per baht
* โฃ 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 โbaht, โคSell 56,100 baht per baht
* โค 2nd Time: Buy 54,045.4 bahtโ per baht, Sell 56,050 baht โขper baht
* 3rd Time: Buy 53,999.92 baht per baht,Sell 56,000 baht per baht
* 4th Time: โBuy 53,954.44 baht per โฃbaht, Sell 55,950 baht per baht
* 5th Time: Buy 53,893.8 baht perโ baht, Sell 55,900 baht per baht
analysts recommend a buying strategy at support levels of 54,800 baht for domestic gold, with a โคprofit target of 55,500 baht, and a sell order placed โคat 54,600 baht to โmitigate potential losses. For โฃinternational markets, a similar accumulationโข strategy is advised at โthe $3,660โ level, with a profit target of $3,700 and a โsell point atโข $3,630.
Further data can be found โขat:
* https://www.thaipbs.or.th/news/content/356620