Tuesday, 05 January 2010 at 03:21 pm
By: Bangkok business online.
Secretary General of the Association hold gold price of gold falling alert not panic. Find a rhythm to buy investment recommendation. Expected first quarter 2010. Movements 950-1200 U.S. $ / oz.
Mr. Pitchaya young Secretary Pictures net trade association said that the gold price gold in the 1st quarter this year are expected to fluctuations. But not severe as 2009, because the world economy overall was good. But it sure is not illusion or not. Because local governments have capital reserves to hold the economy to. The gold price estimates in Q1 to be flat with a maximum price not exceeding U.S. $ 1,200 per ounce. And minimum price of approximately U.S. $ 950 per ounce.
However, the direction of gold prices has only short-term evaluation can not be determined. It changes the flow of hedge fund investments. If oil prices in world markets increases up to $ 80 per ounce. Hedge funds may invest in oil instead of moving the same direction if the U.S. dollar was strengthening. Or the U.S. Federal Reserve interest rate increase will be invested in the change in exchange rates. Change currency and financial instruments. This will reduce the gold market to be hot.
The gold price in 2010 would not swing as hard last year. Price up to $ 200 per ounce. Before adjustment down to $ 66 U.S. per ounce in January 2009 P.i.-t.c.. Direction because the global economy better view is different from year 2009 to U.S. financial crisis problems.
For those interested in investing in gold can be accumulated gradually buy gold. When prices weaken down about. 16000-17000 baht should be used. And should not be frightful when gold prices decline more. But should be used intermittently accumulated more acquisition.
Gold Price Gold Trading Association until this year to fluctuations.
Monday, 04 January 2010 12:21.
Mr. Pitchaya young Secretary Pictures net trade association said that the gold price gold in the 1st quarter this year are expected to fluctuations. But not severe as 2009, because the world economy overall was good. But it sure is not illusion or not. Because local governments have capital reserves to hold the economy to. The gold price estimates in Q1 to be flat with a maximum price not exceeding U.S. $ 1,200 per ounce. And minimum price of approximately U.S. $ 950 per ounce.
Matter what direction a gold price has only short-term evaluation can not be determined. It changes the flow of hedge fund investments. If oil prices in world markets increase over U.S. $ 80 /oz. Hedge funds may invest in oil instead of moving the same direction if the U.S. dollar was strengthening. Or the U.S. Federal Reserve interest rate increase will be invested in the change in exchange rates. Change currency and financial instruments. This will reduce the gold market to be hot.
Mr. Pitchaya said for those interested in investing in gold can be accumulated gradually buy gold. When prices weaken down about. 16000-17000 baht should be used. And should not be frightful when gold prices decline more. But should be used intermittently accumulated more acquisition.
Sun expects the gold price gold trading Q1 2010 flat $ 1200/oz.
The manager ASTV online January 4, 2010 12:49 pm
Mr. Pitchaya young Secretary Pictures net trade association said that the gold price gold in the Q1 this year are expected to fluctuations. But not severe as 2009, because the world economy overall was good. But not sure that is illusion or not. Because local governments have capital reserves. Economic conditions continue to hold. The estimates. Gold prices were flat in Q1 will not exceed the maximum price of $ 1,200 U.S. per ounce and the lowest price around U.S. $ 950 per ounce.
However, the direction of gold prices has only evaluated short-term only. It changes the flow of hedge fund investments. If oil prices in world markets. And the U.S. dollar.
For those interested in investing in gold can be accumulated gradually buy gold. When prices weaken down about. 16000-17000 baht and should not be frightful when gold prices decline more. But should be used intermittently accumulated more acquisition.
The price of gold daily at January 4, 2010 purchased 17,300 baht gold bar sell out the 17,400 Baht 17,055 Baht Tagropprrn purchased and sold out 17,800 baht.
note: the price shown above in one baht gold ~15.244gram
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