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Gold prices face turbulence as oil, Fed risks increase

Business General Gold prices face turbulence as oil, Fed risks increase PUBLISHED : 17 Jul 2026 at 06:15 UPDATED : 17 Jul 2026 at 09:01 NEWSPAPER SECTION: Business WRITER: Nareerat Wiriyapong –> Small Medium Large –> Renewed hostility between the US and Iran could cause global gold prices to plunge to US$3,600-3,800 an ounce, or 60,000 baht per baht-weight for domestic gold bar, especially if oil prices rise to $90-100 a barrel and remain at that level for more than a month, according to Thailand’s leading gold trader MTS Gold. Kritcharat Hirunyasiri, chairman of MTS Gold, said the metal faces…

Source: Bangkok Post Business

Gold prices face turbulence  as oil, Fed risks increase