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Showing 1-10 of 4,125 results
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Association predicts gold hitting 40,000 baht in H2
Business, Nareerat Wiriyapong, Published on 29/03/2024
» Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new high of 37,950 baht on Thursday, approaching the group's previous target of 38,000 baht.
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Ministry addresses rash of fake gold
Business, Phusadee Arunmas, Published on 23/03/2024
» The Commerce Ministry is advising people to buy gold bars and gold ornaments from certified stores with visible locations following an outbreak of counterfeit metal as prices spike.
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Asian investors take profits after upbeat week
Published on 23/03/2024
» RECAP: Most Asian equity markets slipped yesterday on profit-taking after a big rally the day before, but Japan's Nikkei closed at an all-time high, underpinned by record gains on Wall Street overnight, strength in automakers' stocks and a weaker yen.
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Domestic gold hits new record high of B37,600
Business, Published on 22/03/2024
» Domestic gold prices rose 750 baht to a new record high of 37,600 baht per baht-weight yesterday, as global prices jumped above US$2,200 an ounce for the first time, with traders expecting the metal to reach $2,300 in two months.
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Gold jumps above $2,200 an ounce for first time on Dovish Powell
Bloomberg News, Published on 21/03/2024
» Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it isn’t alarmed by a recent uptick in inflation.
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Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
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Global gold prices see uptick, domestic level sets record
Business, Nareerat Wiriyapong, Published on 15/03/2024
» The Gold Traders Association (GTA) has raised its outlook for global gold prices to US$2,250 per ounce by the end of this year, up from $2,100, as domestic prices rose to a record high of 36,700 baht per baht weight on Thursday morning.
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Chinese buying set stage for gold rush
Published on 09/03/2024
» This week’s gold rush may have been triggered by bets that the US Federal Reserve is getting closer to cutting interest rates, but the foundations for the record rally were laid in China.
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Asian stocks advance on hopeful rate outlook
Business, Published on 09/03/2024
» RECAP: Asian stocks rose to a seven-month peak on Friday as investors cheered the prospect of an imminent interest rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.
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Time to stop making empty promises
Oped, Chartchai Parasuk, Published on 07/03/2024
» The Nikkei 225 Index just broke 40,000, surpassing the record high of 1989. The stellar stock market performance happened amid the fact that Japan's economy is officially in recession after two consecutive quarters of negative GDP growth.
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