The centre said the gold investment outlook improved after the coup, but the price is expected to be highly volatile because of increasing demand in
However, Kamoltun Pornphaisarnvichit, the centre's director, said for a three-month period gold prices might peak at
"We expect the gold price may rise to
The centre's Gold Price Sentiment index for July increased by 23.31% to 56.14 points from 45.53 points in June. The sentiment for the next three months also improved by 12.39% or 7.04 points to 63.18 points.
"Gold investors and traders agree a crisis in
The market is worried that tension in the
Gold prices peaked at
SPDR Gold Shares, the leading exchange-traded fund for trading gold, began accumulating gold assets again. In June the fund bought 15 tonnes, raising its gold assets to 808.28 tonnes.
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