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Search Result for “WGC”

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BUSINESS

Tariff unease hits all asset classes

Nareerat Wiriyapong, Published on 21/04/2025

» The unveiling of US President Donald Trump's reciprocal tariffs has sent shockwaves across all asset classes as threats posed by high tariff rates and trade tensions introduced greater uncertainty into the global economy, say pundits.

BUSINESS

Thai gold demand still powerful

Business, Nareerat Wiriyapong, Published on 29/01/2025

» Thailand's gold demand remains robust thanks to investor buying during times of economic and political uncertainty, while inflation and risks posed by Donald Trump's America-first agenda could drive demand for bullion further in 2025, says the World Gold Council (WGC).

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

Clarity on Fed hikes may drive gold up to $2,050 per ounce

Business, Nareerat Wiriyapong, Published on 14/09/2023

» The price of gold could rise as high as US$2,050 per ounce from $1,910 at present as soon as it becomes clear that the US Federal Reserve has finished its interest rate hike cycle, which is likely to happen next year, says the World Gold Council (WGC).

BUSINESS

Gold demand surges amid jitters

Business, Nareerat Wiriyapong, Published on 11/05/2023

» Global demand for gold among investors is growing this year thanks to turmoil in the banking sector, geopolitical tensions and a challenging economic environment, leading more people to flock to the precious metal as a safe-haven asset, says the World Gold Council (WGC).