Showing 1 - 10 of 2,350
Traders see gold hitting $3,800 an ounce
Published on 06/05/2025
» Gold prices are on track to hit $3,800 per ounce later this year amid mounting fears of a global economic slowdown, due partly to the unpredictable trade policies of US President Donald Trump, according to local traders.
Gold passes $3,500 amid Trump turmoil
Published on 22/04/2025
» Gold extended its record run on Tuesday, breaching $3,500 per ounce, as weakness in the dollar, US President Donald Trump’s attacks on the Federal Reserve and trade war fears spurred demand for the safe-haven asset.
Gold prospers amid trade war havoc and weak dollar
Business, Nuntawun Polkuamdee, Published on 12/04/2025
» The global gold price is projected to have a resistance level of US$3,360, says local trader Hua Seng Heng, after the safe-haven asset breached $3,200 an ounce for the first time on Friday, fuelled by a weaker dollar and the escalating trade war.
Gold steadies after hitting all-time high
Published on 03/04/2025
» Gold prices took a breather on Thursday after surging to yet another all-time high after US President Donald Trump’s announcement of sweeping import tariffs drove investors to the safe-haven asset.
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.
All eyes on crucial Fed interest rate meeting
Business, Nuntawun Polkuamdee, Published on 18/03/2025
» The US Federal Open Market Committee (FOMC) meeting, scheduled for March 18-19, is expected to be a crucial indicator of the stock market's direction alongside precious metal prices, following spot gold's record high of US$3,004.86 per ounce on Friday.
Gold tops $3,000 amid Trump-induced turmoil
Published on 14/03/2025
» Gold prices have passed $3,000 an ounce for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and US President Donald Trump’s attempts to rewrite the rules of global trade by imposing tariffs on allies and strategic rivals.
How a key ingredient in Coca-Cola is smuggled out of Sudan
Business, Published on 05/03/2025
» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.
Gold prices down B600 to B46,150
Online Reporters, Published on 15/02/2025
» The Gold Traders Association on Saturday morning announced buying prices for gold ornaments at 45,222.28 baht per baht weight and for gold bars at 46,050 baht per baht weight.
Gold’s upward momentum continues
Published on 11/02/2025
» Gold prices have continued to hit fresh record highs in both Thai and world markets, with global prices approaching US$3,000 an ounce driven by escalating trade tensions and a potential inflation spike.