Mrs. Pawan Navawatthanasup, Chief Executive Officer of YLG Bullion International Company Limited (YLG), a major importer and SLOT exporter of Thai gold bullion, revealed that although during the Chinese New Year, the price of gold will not be bustling. Because still unable to pass the key resistance But the low level of prices also makes it easier for people to buy and give gifts to someone special.


However, the price of gold in this period, despite the start of buying pressure from news of the US President Joe Biden's economy of US $ 1.9 trillion. Causing the US dollar to weaken And there is money flowing into other assets and gold. But overall, ETFs still sell gold. Therefore considered short term If gold fails to pass the key resistance 1,855-1,875 US dollars per ounce Yes, there is still a chance that the price will weaken. Tested below around US $ 1,800 per ounce.


Ms. Pawan said that in the big picture, the long term still looks positive. Because even the latest US economic figures However, Joe Biden also sees that the employment market to reach its full potential takes nearly 10 years, so gold is a long-term alternative to diversification. Even if the short term still needs to be careful


For the gold price in that country, if the price drops to the price level 25,500-25,600 Baht per baht gold is a chance to collect As for the resistance, we looked at 26,200-26,600 Baht per baht gold