Showing 1 - 10 of 38
Local traders optimistic on price outlook for gold
Business, Nareerat Wiriyapong, Published on 24/07/2024
» Local gold traders remain bullish about bullion's price trend, saying prices could top US$2,500 an ounce by end-2024 with a significant price increase expected after the US Federal Reserve (Fed) cuts US interest rates in September.
War worries put pressure on baht
Business, Nareerat Wiriyapong, Published on 23/04/2024
» The baht could weaken to around 37.20 baht to the US dollar later this week from its six-month low of 36.9 baht on Monday due to continuing concerns over the conflict in the Middle East, while US economic figures due this week are likely to support dollar strength, says Kasikorn Research Centre (K-Research).
Baht likely to climb higher if Fed disappoints on rates
Business, Nareerat Wiriyapong, Published on 01/11/2023
» The baht, which traded at a six-week high of 35.86 to the United States dollar on Tuesday morning, is likely to appreciate further if the Federal Reserve fails to produce a clear statement about US interest rate trends at its meeting this week, say analysts.
Gold jumps as tension mounts
Business, Nareerat Wiriyapong, Published on 27/10/2023
» Increasing tensions in the Middle East could push gold prices past US$2,000 per ounce, while domestic gold prices could reach 34,700 baht after two spikes yesterday, say local gold traders.
Spot gold prices increase as threat of conflict escalation propels the market
Business, Nareerat Wiriyapong, Published on 19/10/2023
» Gold could trade in a range of US$1,950-1,960 per ounce as war in the Middle East intensifies and hopes for diplomatic talks fade after a deadly explosion at a Gaza hospital, according to analysts.
Gold price could edge higher
Business, Nareerat Wiriyapong, Published on 12/10/2023
» Global gold prices could hit US$1,875 per ounce in the near term as the war in the Middle East shows no signs of ending soon, according to the Gold Traders Association (GTA).
Food security an urgent priority
Asia focus, Nareerat Wiriyapong, Published on 04/07/2022
» While an earlier meeting of G-20 delegates in Yogyakarta focused on strengthening the global health system, it is no surprise that the Russia-Ukraine war dominated talks at the summit of the Group of Seven rich nations last week.
Biden needs to do better in Asia
Asia focus, Nareerat Wiriyapong, Published on 30/05/2022
» When Joe Biden arrived in Asia last week for the first visit to the region of his presidency, he aimed to pick up where his predecessor left off. Landing in South Korea on May 20 as events in North Korea and the Ukraine crisis loomed large, Mr Biden then travelled to Tokyo for a meeting of an alliance of the US, Australia, Japan and India that aims to counter China's growing influence.
Waiting for China
Asia focus, Nareerat Wiriyapong, Published on 23/05/2022
» Since China began to open up and reform its economy in 1978, growth has averaged almost 10% a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education and other services, with the mainland now an upper-middle-income country.
Food price solutions a priority
Asia focus, Nareerat Wiriyapong, Published on 02/05/2022
» Food prices are on the rise everywhere in the world. In Thailand, prices of limes have been at historical highs for months, now as much as 10 baht each in wet markets. Instant noodle makers want to hike their prices by up to 20% as raw material costs have surged, but Commerce Minister Jurin Laksanawisit insists they can't.