Date: Wed, 7 Oct 2009 08:34:53 -0700 (PDT)
Local: Wed, Oct 7 2009 11:34 pm
Subject: Re: The economy must be improving
Well, this I get to see it. How can the economy be improved when your
favorite people keep protesting?
On Oct 7, 9:01 am, Good Soldier Schweik
> Local gold prices supported by strong baht
> As gold prices are about to hit a new record in Asian trading,
> domestic gold price could have exceeded Bt17,000 per 1 baht in Thai
> metric standard, but for the appreciation of Thai currency against US
> dollar, said Gold Traders Association President Jitti Tangsithpakdi.
> Jitti said that on Wednesday, the domestic gold price is raised
> Bt250-Bt300 per the 1-baht metric standard which is equivalent to 15.2
> grammes. Gold shops are selling gold ornament at Bt16,750 per 15.2
> The price of gold struck an all-time high Tuesday in New York as the
> dollar fell on a news report of a plan by Gulf states to stop using
> the greenback for oil trading. Gold hit 1,045.00 dollars per ounce in
> late trades. The buoyancy continued today as gold is being traded near
> According to Jitti, due to the price increase, gold shops have been
> rather quiet.