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Bangkok Post
Bangkok Post
Business

Rush to cash in on gold as price soars

A long line forms outside a gold shop in Yaowarat on Monday as customers rush to sell gold and profit from the soaring price. (Photo: Nittaya Nattayai)

Queues formed at gold shops around the country on Monday after the global gold price soared to its highest in more than a year and local prices set a record high.

In Yaowarat shops, the price of bullion rose 450 baht to a new high of 30,600 baht a baht weight buying and 30,700 baht selling on Monday morning. Gold adornments rose to 30,047.12 and 31,200.00 baht, respectively.

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