YLG pointed out that this year the gold still has more rhythm. The cause of inflation, the most worrying 40-year high, recently, gold funds began to collect in the portfolio. It is a safe asset with short-term recommendations, up sell-down, buy, support 1834-1,848 and resistance 1895-1,916 dollars per ounce. As for Thai gold, Thai baht is stronger. But there is still a chance to touch 29,000 baht
YLG pointed out that this year the gold still has more rhythm. The cause of inflation, the most worrying 40-year high, recently, gold funds began to collect in the portfolio. It is a safe asset with short-term recommendations, up sell-down, buy, support 1834-1,848 and resistance 1895-1,916 dollars per ounce. As for Thai gold, Thai baht is stronger. But there is still a chance to touch 29,000 baht
Ms. Thipa Nawawatthanasap, Chief Executive Officer YLG Bullion and Futures Co., Ltd. or YLG revealed that in early 2022, evengold pricewill not move dramatically, but the overall picture is still a gradual increase But the latest is a good sign that the latest gold price has risen above $1,850 per ounce.
Due to the inflow of money from SPDR, a large gold fund After last year, the fund has been selling gold continuously. The factors that encourage investors to invest in gold this year. Although this is the year the market estimates the Federal Reserve (Fed) will raise interest rates at the March meeting as inflation has risen to a 40-year high, so even if the interest rate is raised, the real interest rate remains negative.
In addition, gold has received positive factors from the uncertainty situation in the case of conflicts. US-Russia in the Ukrainian dispute who must start to watch closely after news that the attack may be launched including the recovery of gold demand from India and China. As a result, the demand for gold has increased in both gold futures and physical gold markets.
For those who want to invest ingoldthis period YLG There is a recommendation to find a buy rhythm at the support line 1,834-1,848. dollars per ounce The resistance is at 1895-1,916. dollars per ounce While the gold price in the country this time, it is seen that there is an opportunity to touch 29,000 baht.
For investors who needgold investmentFutures market YLG is available both in the country through TFEX and international market Recently, it has partnered with CME Group Inc., the world’s number one futures market provider from the United States. with products important to the global economy covering gold, crude oil, US stock indices cryptocurrency Can make profits both up and down and can trade 24 hours a day, including holidays in Thailand.
This partnership will allow investors who trade through YLG futures to gain access to all CME Group commodities and services such as Precious Metal futures, Oil futures, Cryptocurrency futures, Forex futures, without having to rely on institutional funds. buy goods Ready to connect to Exchanges around the world, whether it’s China, Hong Kong or Singapore. The CME group market has been certified by the SEC and Bank of Thailand. There is a law to support trading. No worries about impersonating a scammer. With transparent and reliable liquidity and prices on CME Global market.
However, investing in gold in the Futures market does not require large sums of money to invest. It is an investment by placing only 5-20% collateral on the underlying asset value and in terms of investing in TFEX, you can open an online account. and receive a discount of up to 80% commission