Gold bar 96.5% · Close
- Open
- 30,700.00
- High
- 30,900.00
- Low
- 30,650.00
- Close
- 30,900.00
On 7 March 2022, 96.5% bullion gold opened at ฿30,700.00, reached a high of ฿30,900.00 and a low of ฿30,650.00, and closed at ฿30,900.00 — up 2.15% from the previous trading day. It traded in a ฿250.00 range on the day.
Events reported on the same date, from public news sources. This is context only — it does not say these events moved the gold price.
The price of Brent crude oil increases to $139.13 per barrel, the highest value since July 2008, amid supply disruptions and the threat of a Russian oil ban.
Metal markets register new highs. Aluminium and nickel register a record price on the London stock exchange, at about $4,000 and $55,000 per tonne, respectively; nickel prices rose 90% on intraday trading. Copper also recorded new highs, at $10,845 per tonne, while palladium reached $3,440 per ounce. Russia is a substantial producer of all of these metals, and the market expects shortages of these commodities as the country is hit by further sanctions.