Hua Seng Heng indicates that gold prices in September will be volatile due to interest rates, the dollar, and bond yields. They warn of a "September Effect" putting short-term pressure on prices.

Hua Seng Heng forecasts gold prices to potentially reach $4,900 - $5,000 this year, following a return to an upward trend. Attention is also focused on the Jackson Hole meeting, which could indicate the direction of interest rates.

Hua Seng Heng partners with KBank to expand gold investment through K PLUS, offering gold buying and selling services in US dollars, starting from just 10 USD with no fees.

Hua Seng Heng believes gold has passed its lowest point and anticipates an upward trend towards the end of the year, supported by the US Midterm Election. They forecast a global gold price target of $4,900-$5,000.

Siam Commercial Bank (SCB) embraces the digital trend of gold investment, following Thailand's daily gold trading volume exceeding 2.5 billion baht, partnering with Hua Seng Heng, MTS, and YLG to launch the SCB Gold Marketplace on SCB EASY.

If the Fed reduces the number of FOMC meetings to six times a year, gold prices may become more volatile as economic data, inflation, and employment figures may become more important.

Hua Seng Heng warns that gold risks a repeat of March's situation, as geopolitical factors push oil prices and inflation into pressure on the Fed's interest rates, even though short-term investors are starting to slow down their purchases.

The global financial markets are entering a major transition, with the bond market regaining its lead. Hua Seng Heng points out that gold is facing a new era of investment.

Hua Seng Heng indicates that support from major sporting events may put short-term pressure on gold, but the Fed, inflation, and geopolitical conflicts remain key variables.

Gold prices are consolidating amid inflationary pressures and high interest rates, as the world continues to face uncertainty, particularly the tense situation in the Middle East.