The Gold Traders Association, which will discuss the possible establishment of a gold-trading centre with the Thailand Futures Exchange (TFEX) on Thursday, expects the price of the precious metal to touch $1,400 per ounce in the short term - due largely to the continuing crisis in Ukraine.
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(Bangkok Newsroom; Editing by Subhranshu Sahu)
((apornrath.phoonphongphiphat@thomsonreuters.com)(+66 2 648 9738)(Reuters Messaging: apornrath.phoonphongphiphat.thomsonreuters.com@reuters.net))
Keywords: THAILAND PRESS/GOLD