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Search Result for “GTA”

Showing 1 - 10 of 15

BUSINESS

Traders bullish on gold's skyrocket

Nareerat Wiriyapong, Published on 29/01/2026

» Gold prices are expected to soar to US$6,400 an ounce and 88,000 baht per baht-weight as investor demand in a turbulent world pushes bullion to new highs.

BUSINESS

Traders expect gold prices to continue to skyrocket

Nareerat Wiriyapong, Published on 12/01/2026

» Traders say gold prices should continue to rise in the near term after bullion broke through US$4,600 an ounce for the first time on Monday, resulting in the baht’s appreciation despite policymakers’ efforts to stem the rise.

BUSINESS

Gold price set to climb further after hitting new all-time high

Nareerat Wiriyapong, Published on 29/09/2025

» The domestic gold price is expected to hit 60,000 baht per baht-weight early next year as bullion surpassed US$3,800 an ounce to set a fresh record high on Monday, while the baht slid to a two-week low of below 32.20 baht to the dollar, says the Gold Traders Association (GTA).

BUSINESS

Gold traders oppose tax on transactions

Business, Nareerat Wiriyapong, Published on 17/09/2025

» Gold traders voiced opposition to Thai authorities' discussion of imposing a tax on physical gold and online transactions, saying such efforts to rein in baht appreciation would cause the country to lose its status as a gold trading hub.

BUSINESS

Traders upgrade 2025 gold price forecast

Business, Nareerat Wiriyapong, Published on 28/03/2025

» The Gold Traders Association (GTA) has upgraded its international gold price forecast for 2025 to US$3,400 an ounce from $3,200, adding the domestic price could top 50,000 baht per baht-weight in the second quarter.

BUSINESS

Domestic gold price could register uptick

Business, Nareerat Wiriyapong, Published on 05/02/2025

» Domestic gold prices are set to rise further after reaching a fresh record of 45,200 baht per baht-weight on Tuesday as uncertainties surrounding US President Donald Trump's trade policies drive global demand for safe-haven assets, especially gold, says the Gold Traders Association (GTA).

BUSINESS

Association anticipates gold price hitting $3,000 in Q1

Business, Nareerat Wiriyapong, Published on 27/12/2024

» Gold prices could hit US$3,000 an ounce by the first quarter of next year as Donald Trump's return to the White House on Jan 20 will put the global economy on the verge of turmoil, stimulating demand for safe haven assets, notably bullion, says the Gold Traders Association (GTA).

BUSINESS

Gold hits Thai record high amid global turbulence

Business, Nareerat Wiriyapong, Published on 19/10/2024

» Domestic gold prices are on course to surpass 43,000 baht per baht weight, after hitting a record high of 42,400 baht on Friday, while global prices could reach US$2,800 an ounce later this year based on growing geopolitical conflicts and global interest rate cuts, says the Gold Traders Association (GTA).

BUSINESS

Thai gold primed for record high

Business, Nareerat Wiriyapong, Published on 04/10/2024

» The domestic price of gold could hit 44,000 baht per baht weight, from 41,350 baht now, as tensions rise in the Middle East, the baht depreciates and the US Federal Reserve is expected to continue cutting interest rates, says the Gold Traders Association (GTA).

BUSINESS

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.