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Bangkok Post
Bangkok Post
Business

DARK SECRETS: Gold prices surge as dollar weakens | Vintage Vibes

The gold price rose to $2,025.49 per ounce on Wednesday afternoon, the highest level since March 2022. (Photo: Chakrapan Natanri)

Gold prices hit a 13-month high, touching US$2,031 per ounce as weak US economic data spurred demand for the safe-haven asset amid a weakening dollar, according to analysts.

Spot gold rose to $2,025.49 per ounce, the highest since March 2022, on Wednesday afternoon as US gold futures firmed at $2,042.

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