The Thai Gold Traders Association raised domestic gold bar prices by 1,150 baht to 69,200 baht, and gold jewellery sells at 70,000 baht. World gold rebounded above 4,400 USD an ounce after a 2.8% rise from Tuesday's low. MTS Gold says the market is in "wait and see" mode. Goldman Sachs forecasts 4,900 USD by year-end. For shops holding gold or taking gold as payment or collateral, the price swing is significant, so review stock valuation and price tags today. Prices can move again within the day.
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