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Traders upgrade 2025 gold price forecast
Bangkok Post
|March 28, 2025
US tariffs continue to rattle markets
The Gold Traders Association (GTA) has upgraded its international gold price forecast for 2025 to $3,400 an ounce, up 3.23%, adding the precious metal price could top 50,000 baht per baht-weight in the second quarter.
Spot gold rose 0.65% to $3,037.17 an ounce yesterday morning as US auto tariffs cheered up global trade tensions ahead of the April 2 deadline for reciprocal tariffs from the world's largest economy.
Locally the price of the metal soared 100 baht to 36,650 baht per baht-weight, according to the GTA.
All eyes are now on US President Donald Trump's reciprocal tariffs planned for April 2 and the scope of the impacts from such measures, which could generate a gold price spike, said GTA president Jitti Tangsithpakdi.
यह कहानी Bangkok Post के March 28, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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