Local gold prices yesterday bounced back above 20,000 baht per baht weight on the weakening of the baht, after nosediving to 18,000 baht two weeks ago.
However, traders cautioned that the price would likely dip below 20,000 once exchange-rate volatility eased.
Gold rose 450 baht per baht weight (15.16 grammes) in one day to close at 20,400 for bullion.
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