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Search Result for “GTA”

Showing 1 - 10 of 68

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GENERAL

Traders upgrade 2025 gold price forecast

Business, Nareerat Wiriyapong, Published on 28/03/2025

» The Gold Traders Association (GTA) has upgraded its international gold price forecast for 2025 to US$3,400 an ounce from $3,200, adding the domestic price could top 50,000 baht per baht-weight in the second quarter.

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INVESTMENT

Domestic gold price could register uptick

Business, Nareerat Wiriyapong, Published on 05/02/2025

» Domestic gold prices are set to rise further after reaching a fresh record of 45,200 baht per baht-weight on Tuesday as uncertainties surrounding US President Donald Trump's trade policies drive global demand for safe-haven assets, especially gold, says the Gold Traders Association (GTA).

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GENERAL

Association anticipates gold price hitting $3,000 in Q1

Business, Nareerat Wiriyapong, Published on 27/12/2024

» Gold prices could hit US$3,000 an ounce by the first quarter of next year as Donald Trump's return to the White House on Jan 20 will put the global economy on the verge of turmoil, stimulating demand for safe haven assets, notably bullion, says the Gold Traders Association (GTA).

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GENERAL

Analysts upbeat on long-term gold prices

Business, Nuntawun Polkuamdee, Published on 08/11/2024

» Analysts expressed optimism that gold prices have a chance to rise in the long term after domestic prices plunged by 800 baht per baht weight on Thursday, mainly attributed to the dollar strengthening.

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GENERAL

Gold hits Thai record high amid global turbulence

Business, Nareerat Wiriyapong, Published on 19/10/2024

» Domestic gold prices are on course to surpass 43,000 baht per baht weight, after hitting a record high of 42,400 baht on Friday, while global prices could reach US$2,800 an ounce later this year based on growing geopolitical conflicts and global interest rate cuts, says the Gold Traders Association (GTA).

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GENERAL

Thai gold primed for record high

Business, Nareerat Wiriyapong, Published on 04/10/2024

» The domestic price of gold could hit 44,000 baht per baht weight, from 41,350 baht now, as tensions rise in the Middle East, the baht depreciates and the US Federal Reserve is expected to continue cutting interest rates, says the Gold Traders Association (GTA).

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GENERAL

Gold price falls as Thai baht strengthens

Business, Nuntawun Polkuamdee, Published on 09/09/2024

» The domestic gold price has dipped by 2,000 baht per baht weight in just over a month as the Thai currency appreciated by more than 7% during the period, with the Gold Traders Association (GTA) noting prices may continue to decline if the value of the baht appreciates.

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THAILAND

UOB drives sustainable innovation in Thailand with GreenTech Accelerator Programme

Published on 26/08/2024

» UOB Thailand has unveiled UOB FinLab’s 2024 GreenTech Accelerator (GTA) programme, marking a significant step towards addressing pressing sustainability challenges. This initiative aims to empower GreenTech companies to pilot innovative solutions that create positive environmental impact.  

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INVESTMENT

Follow the yellow brick road

Nuntawun Polkuamdee, Published on 13/05/2024

» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.

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SUSTAINABILITY

UOB Thailand Launches 2024 Sustainability Programme for SMEs

Published on 07/05/2024

» Aimed at enabling Thai SMEs to transition to environmentally sustainable practices, UOB Thailand's innovative programme offers strategic support through workshops, partnerships, and digital tools.