Gold prices higher

This news remind everyone about gold prices on this Saturday. Today the Gold Trader Association announce the buying price of gold ornaments is 17,979.76 baht per baht-weight, and the buying price of gold bar is 18,250 baht per baht-weight. Besides, the selling price of gold ornament is 18,750 baht per baht-weight and the selling price of gold bar is 18,350 baht per baht-weight. They are higher than ever, they are usually increased prices especially time at oil-crisis that makes gold price crisis too.

In my opinion, gold is a very stable metal. It is suitable for being indicator of finance. But present increasing, I think it is too fast because ten years ago it was only 4,000 baht. Nowadays it estimate 18,000 baht. Increasing affect to cost of everything that people consume. That is sure that meals and fare are added prices too. Furthermore, oil-crisis affect to cost of everything too. It is not only gold prices.

http://www.bangkokpost.com/business/economics/191043/gold-prices-for-saturday-announced