Gold rose 1,050 baht versus the previous close. Jewellery (96.5%) sells at 69,900 baht per baht-weight, while buy-back is about 67,523 baht, so the spread is roughly 2,400 baht. Bar gold buy-in is 68,900 and sell-out 69,100. Shops holding gold stock should reprice daily and watch the buy-sell spread before buying or trading in gold. Global spot is about US$4,409 per ounce.
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