"Gold" price up 300 baht, market worried again about trade war, pushing gold price up

"Gold" price up 300 baht, market worried again about trade war, pushing gold price up

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Today (7 May 2025), the website "Hua Seng Heng" analyzed that the Spot gold price has increased sharply for the second consecutive day, closing the market up 98 US dollars. Gold has been supported by the weakening of the dollar. Chinese investors have actively bought gold after returning from the long Labor Day holiday from 1-5 May. Concerns about the trade war after President Trump plans to announce import taxes on medicines in the next 2 weeks.

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