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Search Result for “gold prices Gold Traders Association”

Showing 1 - 10 of 2,302

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INVESTMENT

Gold price set to climb further after hitting new all-time high

Nareerat Wiriyapong, Published on 29/09/2025

» The domestic gold price is expected to hit 60,000 baht per baht-weight early next year as bullion surpassed US$3,800 an ounce to set a fresh record high on Monday, while the baht slid to a two-week low of below 32.20 baht to the dollar, says the Gold Traders Association (GTA).

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GENERAL

Gold traders oppose tax on transactions

Business, Nareerat Wiriyapong, Published on 17/09/2025

» Gold traders voiced opposition to Thai authorities' discussion of imposing a tax on physical gold and online transactions, saying such efforts to rein in baht appreciation would cause the country to lose its status as a gold trading hub.

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GENERAL

Surging Thai gold exports to Cambodia spark demand for probe

Bloomberg News, Published on 13/09/2025

» An unusual surge in Thai gold exports to neighbouring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fuelling a rally in the baht, which threatens to undermine the nation’s exports and tourism.

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GENERAL

Cambodia gold imports raise eyebrows

Published on 12/09/2025

» Thailand's gold exports to Cambodia are being monitored as the figures rose substantially in recent years and 2025, though the Gold Traders Association (GTA) maintains Cambodia is not a major export market.

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GENERAL

Thai gold demand seen soaring as strong currency adds to allure

Published on 12/09/2025

» Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metal’s influence on the baht.

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GENERAL

Thais among top 10 global gold buyers

Nuntawun Polkuamdee, Published on 10/09/2025

» Thailand has emerged as one of the world’s top 10 gold buyers, with demand jumping 21% year-on-year to 20.7 tonnes in the first half of 2025, supported by expected US interest rate cuts, safe-haven demand and a global de-dollarisation trend, says YLG Bullion International.

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GENERAL

Gold punches through $3,500 to hit record on rate-cut bets

Bloomberg News, Published on 02/09/2025

» MELBOURNE — Gold hit a record as the prospect of United States Federal Reserve rate cuts and growing concerns over the central bank’s future gave fresh legs to the multiyear rally in precious metals.

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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 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.

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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.