Showing 61 - 70 of 2,274
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 approaches 9-year peak
Business, Published on 22/07/2020
» Gold prices on Tuesday climbed to a nearly nine-year high as investors continued to seek refuge in the precious metal as a safe haven amid surging Covid-19 infections worldwide.
High price of gold sees surge in scams
News, Published on 21/07/2020
» The Commerce Ministry on Monday stepped in to boost confidence among gold buyers and the business community after a surge in complaints about fake gold as prices of the precious metal continued to rise.
Foreign inflows drive baht past 31
Business, Published on 12/06/2020
» The baht has surged past 31 per US dollar on the back of month-to-date net foreign inflows moving into local equities and bonds, a motion contrary to Thailand's sputtering economic outlook.
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.
PM urges gold sellers not to rush
Published on 15/04/2020
» The prime minister urged moderation as people hurry to cash in their gold after the price rose to its highest level in seven years, fuelled by continuing concerns about the impact of the coronavirus pandemic on the global economy.