“Gold” drops sharply by 400 baht, market sells for profit, “jewelry” sells for 47,200

“Gold” drops sharply by 400 baht, market sells for profit, “jewelry” sells for 47,200

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the website "Hua Seng Heng" analyzed the overall movement in the past. The price of gold has adjusted to an all-time high from the supporting factor of buying gold as a safe asset amidst concerns about President Donald Trump's tariff policy, in which Trump has threatened to impose import duties on automobiles, semiconductors, medicine, wood and other products.

Previously, Trump threatened to impose 25% tariffs on autos, semiconductors and pharmaceuticals and may announce import tariffs on autos on April 2, which could affect the global economy and supply chains, while major trading partners may retaliate with tariffs as well, raising the risk of a trade war.

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