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Thai Stock Market and Gold Prices Fall Amid Fed Interest Rate Cut

Strategic Insights

— 2 min read

The Thai stock market and gold prices saw a downturn on October 30, 2025, following the US Federal Reserve's decision to cut interest rates by another 0.25%. The SET Index closed at 1,308.07 points, with a high of 1,317.42 points and a low of 1,302.30 points. The gold price also fell, with the gold bar being bought at 60,450 baht/baht of gold and sold at 60,550 baht/baht of gold. The world gold price was at 61,350 US dollars/ounce. Despite the short-term impact of the Fed's decision, market analysts expect a positive outlook for domestic economic stimulus measures and the prospect of talks between US President Donald Trump and Chinese leader Xi Jinping.

Key Takeaways:

  • The Thai stock market saw a decline, with the SET Index closing at 1,308.07 points, down 5.87 points or 0.45%.
  • Gold prices also fell, with the gold bar being bought at 60,450 baht/baht of gold and sold at 60,550 baht/baht of gold, resulting in a decrease of 700 baht.
  • The US Federal Reserve cut interest rates by another 0.25% to 3.75-4%, with a non-unanimous decision to end its balance sheet reduction policy.
  • Market analysts, including Mr. Wichit Arayapisit and Mr. Poon Panichpibul, expect a positive outlook for domestic economic stimulus measures and the prospect of talks between US President Donald Trump and Chinese leader Xi Jinping.
  • The baht's 24-hour trading range is expected to be between 32.25 and 32.55 baht/dollar.

Statistics:

  • August 30, 2025 (Thai News Agency): The Thai Stock Market Index closed at 1,308.07 points, down 5.87 points or 0.45%.
  • The gold bar price decreased by 700 baht, being bought at 60,450 baht/baht of gold and sold at 60,550 baht/baht of gold.
  • The gold ornament price decreased by 1,105.28 baht, being bought at 59,245.28 baht/baht of gold and sold at 61,350 baht/baht of gold.
  • The world gold price was at 61,350 US dollars/ounce and 3,957 US dollars/ounce as of 1:12 PM.
  • 23 price adjustments were made, with a decrease of 700 baht.

Sources:

  • Thai News Agency (October 30, 2025)
  • Liberator Securities (Wichit Arayapisit, investment strategist)
  • Krungthai GLOBAL MARKETS (Poon Panichpibul, money and capital market strategist)
  • Gold Traders Association (Thai News Agency)
  • Channel 9 MCOT (Wichit Arayapisit, investment strategist)

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