Showing 1 - 10 of 13
Bitcoin tumbles to a four-month low at B1.22mn
Business, Darana Chudasri, Published on 20/05/2021
» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.
ID check required for new crypto accounts
Business, Darana Chudasri, Published on 03/05/2021
» Opening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers' identities through a "dip-chip" machine that requires clients to be physically present.
Bitcoin surges to another all-time high at B1.74m
Business, Darana Chudasri, Published on 23/02/2021
» Bitcoin rose to another all-time high on Monday at 1.74 million baht, or US$58,330.57 apiece, as physical spot gold hit a seven-month low with traders suggesting the current price dip is a good time to buy gold.
Moderation for cryptocurrencies advised
Business, Darana Chudasri, Published on 05/01/2021
» The Securities and Exchange Commission (SEC) warns investors should closely monitor investments in cryptocurrencies due to high volatility, suggesting they invest and trade only with market players regulated by the SEC.
Local gold price pierces psychological support line
Business, Darana Chudasri, Published on 25/09/2020
» The trading price of local gold bars fell below the psychological support line at 27,650-27,750 baht per one baht-weight on Thursday, while the global spot price sank to its lowest in over two months at US$1,852 an ounce, pressured by a stronger dollar and a SPDR gold fund sell-off.
Experts offer gold guidance
Business, Darana Chudasri, Published on 15/08/2020
» The domestic gold price rebounded after hitting a three-week low Wednesday, with experts advising long-term investors to sell at a profit once the price exceeds the fundamental value.
Gold speculators advised to resist profit-chasing
Business, Darana Chudasri, Published on 25/07/2020
» Gold speculators are being urged to exercise caution after the domestic gold price continued to make all-time highs this week, with gold futures also experiencing substantial trading volume.
Local gold hits record for fourth straight day
Business, Darana Chudasri, Published on 24/07/2020
» The domestic gold price hit a record for the fourth consecutive day, reaching 28,200 baht for one baht-weight of gold, an increase of 31.5%.
Gold sales volume halves as price peak passes
Business, Darana Chudasri, Published on 22/04/2020
» The public continues to sell off gold holdings, but the sales volume has halved in two weeks, with the long queues on Yaowarat Road disappearing after gold prices fell to a one-week low.
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.