Bangkok, Gold Traders Association Revealing today's peak gold price Made a new historical high. Gold jewelry soars past 40,000 baht as global markets hit new highs and the baht depreciates The Gold Traders Association informed that at 10.04 minutes, the price of Thai gold rose twice, totaling 400 baht. The price of gold jewelry was sold at 40,150 baht per baht, bought at 38,839.92 baht, while gold bars were sold at 39,650 baht, bought at 39,550 baht. As for the reason that gold has moved up, it is because the baht has weakened in almost 6 months and the world gold price has continued to surge, making a new high. The gold contract on the COMEX market last night was delivered in June. Increased $24.70 to close at $2281.8/ounce. Due to the tense situation in the Middle East, this is a factor supporting the purchase of gold as a safe-haven asset. which recently happened Israel attacks Iran's consulate in Syria, killing seven people, and gold continues to be supported by global central bank purchases to diversi fy foreign exchange reserves. Meanwhile, Chinese private companies have turned to investing in gold. Because the real estate market is still weak. Kasikorn Research Center The baht is reported to be at a level of approximately 36.60-36.62 baht per dollar. This morning (9.22 a.m.) compared to yesterday's market closing level of 36.64 baht per dollar... The baht returned to move in a narrow range. It was able to recover some of its appreciation. (after weakening significantly yesterday) following the direction of Asian currencies. In addition, the baht has additional support from the rising gold price situation in the world market. While the dollar Weakened amid selling pressure to adjust market positions while waiting to monitor US labor market indicators. That will be gradually announced this week. For the framework of the movement of the baht today Preliminary estimate is at 36.50-36.70 baht per dollar. Meanwhile, important factors that need to be followed include signals of foreign capital. Direction of A sian currencies Eurozone inflation figures for March Statement from Fed officials Including US economic data such as ADP's private sector employment figures and PMI and ISM indexes for the service sector this March. Source: Thai News Agency