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Search Result for “Local gold traders”

Showing 1 - 10 of 234

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GENERAL

Americans cash out on gold as Asian investors bulk up

Published on 28/06/2025

» Americans who once snapped up gold bars and coins are offloading the assets while their Asian counterparts show no letup in buying, a sign that investors on opposite sides of the world have different outlooks on the global economy.

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THAILAND

ZATO Sparkling Wins Gold at Global Awards 

Published on 26/06/2025

» Bangkok, June 26, 2025 — ZATO Sparkling, a new canned sparkling beverage from the spirits division of Thai Beverage Public Company Limited, has elevated traditional Thai rice wine fermentation to new heights. This innovative product uses “satho” (a traditional Thai rice wine) made from Thai jasmine rice, fermented in clay jars using time-honoured methods from Northern and Northeastern Thailand. Presented in sleek, low-calorie canned form, ZATO Sparkling comes in two flavours: Cola Bomb, made with cola base imported from Spain, and Lemon-Lime Fizz. 

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INVESTMENT

Goldbugs upbeat on price

Business, Published on 28/05/2025

» Gold prices could soar to US$3,700 an ounce later this year, from around $3,300 now, if the US and China fail to reach an agreement on trade and tariffs, says local trader YLG Group.

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GENERAL

Gold price still capable of reaching B60,000, say Thai traders

Business, Published on 20/05/2025

» Despite a recent correction, the domestic gold price in Thailand remains on course to reach 60,000 baht per baht-weight, traders say, as they caution that a high degree of volatility is on the horizon.

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INVESTMENT

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.

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INVESTMENT

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.

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GENERAL

Bank of Thailand's next move

Business, Published on 27/02/2025

» As Thailand enters 2025, the country's economic landscape remains shaped by a delicate balance of fiscal stimulus, monetary policy adjustments and shifting global market dynamics.

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GENERAL

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.

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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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INVESTMENT

DeepSeek and Trump keep traders on their toes

Business, Published on 01/02/2025

» RECAP: Most Asian markets edged up on Friday after days of volatility in the tech world caused by the DeepSeek AI breakthrough, while sentiment was dampened by US President Donald Trump confirming hefty tariffs on Canada and Mexico.