Association of gold baht. gold expects lower the second half

Gold Traders Association believes U.S. solid gold lower the second half to less than 20,000 baht may increase the maximum 19,000 baht of gold world market trends. If the speculators moved into the investment market weaving words I could go through resistance test at 1,300 U.S. dollars / oz.

Today (Aug 25) Mr.Chitti Tangkitpakdee. Gold Traders Association said the price of gold in the second half of this year may rise to 19,000 Baht Per 0.53 oz. each, which is the direction the world gold market. Also have the opportunity to increase the resistance was tested at 1,260 per ounce Due to speculators investing in the stock market to move the gold price speculation. If the resistance through which the will to test the U.S. $ 1,300 / oz.

The appreciation of the baht and interest rates in the rising price of gold in the pressure. Countries did not increase to much. And believe that prices this year to less than 20,000 Baht