Showing 11 - 20 of 2,271
Traders upgrade outlook for gold prices
Business, Nareerat Wiriyapong, Published on 05/04/2024
» Local traders have increased their forecasts for global and domestic prices of gold to US$2,350 and 40,500 baht, respectively, after the price of bullion set another record high of more than $2,300 an ounce on sustained demand from central banks and heightened geopolitical conflict.
Asian shares rise after Wall Street advances
Business, Published on 30/03/2024
» RECAP: Shares in Asia rose yesterday following gains on Wall Street, which closed out a stellar quarter ahead of a holiday on Friday. Benchmarks in Japan, South Korea and mainland China all edged higher, while the US dollar firmed after hawkish comments from a Federal Reserve official.
Association predicts gold hitting 40,000 baht in H2
Business, Nareerat Wiriyapong, Published on 29/03/2024
» Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new high of 37,950 baht on Thursday, approaching the group's previous target of 38,000 baht.
Ministry addresses rash of fake gold
Business, Phusadee Arunmas, Published on 23/03/2024
» The Commerce Ministry is advising people to buy gold bars and gold ornaments from certified stores with visible locations following an outbreak of counterfeit metal as prices spike.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
Global gold prices see uptick, domestic level sets record
Business, Nareerat Wiriyapong, Published on 15/03/2024
» The Gold Traders Association (GTA) has raised its outlook for global gold prices to US$2,250 per ounce by the end of this year, up from $2,100, as domestic prices rose to a record high of 36,700 baht per baht weight on Thursday morning.
Gold price hits record high
Published on 05/03/2024
» The price of gold reached an all-time high on Tuesday, lifted by its safe-haven status as investors look ahead to lower US interest rates later this year.
Gold price hits high amid global surge
Business, Nareerat Wiriyapong, Published on 05/03/2024
» The domestic gold price has hit an all-time high and is now on course to reach 38,000 baht per baht-weight this year as global prices have continued an upward trend to trade near the two-month high of more than US$2,080 per ounce, said the Gold Traders Association (GTA).
Gold prices up B400 to B35,200
Online Reporters, Published on 02/03/2024
» The Gold Traders Association on Saturday morning announced buying prices for gold ornaments at 34,473.84 baht per baht weight and for gold bars at 35,100 baht per baht weight.
Asian equities gain for fourth straight week
Business, Published on 17/02/2024
» RECAP: Asian markets recorded their fourth consecutive weekly gain after Wall Street, Paris and Frankfurt rallied to record highs, as traders shrugged off data showing mild recessions in Britain and Japan, and weak US retail sales.