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Search Result for “gold ornaments”

Showing 1 - 7 of 7

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BUSINESS

Gold leaps to eight-year high

Business, Darana Chudasri, Published on 19/05/2020

» Gold prices rallied to a near eight-year high yesterday, breaching US$1,760 per ounce, buoyed by the US Federal Reserve chairman's pessimistic comments on the US economic recovery and the pandemic.

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BUSINESS

Mad dash to cash in on gold spike

Business, Darana Chudasri, Published on 16/04/2020

» Thailand's net gold exports of 18,052 kilogrammes in February and 17,638kg in March outpaced the total volume in 2019 of 13,528kg, indicating a mad rush to sell the metal, while the lopsided market has compelled some goldsmiths to temporarily shut down for fear of a cash shortage.

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BUSINESS

Time to shine for Hua Seng Heng's third-gen CEO

Business, Darana Chudasri, Published on 28/03/2020

» Growing up on Yaowarat Road, home to Bangkok's bustling Chinatown and the country's dominant gold trading area, Tanarat Pasawongse did not initially see himself as the next in line to inherit the family-owned gold trading business of Hua Seng Heng Group of Companies, Thailand's largest gold importer.

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BUSINESS

Gold bar price spread widened to B300

Business, Darana Chudasri, Published on 26/03/2020

» The Gold Traders Association has widened the price spread for trading local gold bars to 300 baht, as the global gold trade faces transport problems because of the Covid-19 pandemic.

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BUSINESS

After cratering, gold set to rise

Business, Darana Chudasri, Published on 22/01/2014

» Gold is poised to become an attractive investment after last year's 16% plunge, with prices possibly breaking US$1,300 an ounce in the first quarter.

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BUSINESS

Gold bellyflop could signal bear run

Business, Darana Chudasri, Published on 05/04/2013

» Local gold prices yesterday plunged to the lowest level in almost two years at 21,245 baht per baht-weight (15.244 grammes) thanks to the stronger baht and the sharp fall in global gold prices, as gold experts expect a bear market after a decade-long bull run.

THAILAND

For many, pawn pays the bills

News, Darana Chudasri, Published on 30/04/2012

» The rapid rise in credit card use, hire-purchase and personal loans has played a key role in the growth of consumerism across the country.