Showing 1 - 10 of 23
Gold prices surge 4% over Covid, baht fears
Business, Darana Chudasri, Published on 15/07/2021
» Thai gold prices have climbed 4% in the past three weeks, spurred by a 2% increase in the global gold price, the baht's depreciation, and fears over a major uptick in the number of new infections.
Robust daily trading volume on TFEX
Business, Darana Chudasri, Published on 28/05/2021
» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.
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.
Leading the digital assets revolution
Business, Darana Chudasri, Published on 01/05/2021
» As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.
Gold sell-off as dollar woos
Business, Darana Chudasri, Published on 29/03/2021
» Gold saw a huge sell-off on Friday after investors moved to the US dollar, which hit a four-month high on Thursday, weighing on alternative assets to the dollar such as gold and cryptocurrencies.
SEC tie-up provides digital infrastructure
Business, Darana Chudasri, Published on 25/03/2021
» In collaboration with the Capital Market Development Fund (CMDF), the Securities and Exchange Commission (SEC) launched end-to-end digital infrastructure for its regulatory sandbox to further integrate digital technologies into operations such as bond issuing through trading, settlement and clearing, and investor services.
Cryptocurrency draft draws flak
Business, Darana Chudasri, Published on 26/02/2021
» A draft of qualifications for cryptocurrency investment by the Securities and Exchange Commission (SEC) is sparking heavy criticism from the public as it effectively bars the majority of Thais from trading digital currency by requiring them to have annual income of 1 million baht.
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.
Silver online futures volume skyrockets
Business, Darana Chudasri, Published on 03/02/2021
» The trading volume of silver online futures surpassed 4,000 contracts a day in February, the highest since it began trading on the Thailand Futures Exchange (TFEX) last November, after global retail investors pushed the silver price to an eight-year high.
Prices heading sideways down
Business, Darana Chudasri, Published on 18/11/2020
» The gold price is likely to move sideways down in the short and medium term, pressured by the progress of Covid-19 vaccines, but the long term price is still expected to trend upwards, supported by global central banks' money-easing policies.