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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

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

Domestic gold prices head for new high

Nareerat Wiriyapong, Published on 25/09/2024

» Domestic gold prices are on course to surpass the previous high of 42,150 baht per baht-weight (15.2 grammes) as global prices stayed near an all-time high, approaching $2,700 an ounce, say local traders.

BUSINESS

Analysts predict Thai rates likely to stay put

Business, Nareerat Wiriyapong, Published on 14/06/2024

» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.

BUSINESS

Axa turns to M&A deals to generate Thai growth

Business, Nareerat Wiriyapong, Published on 17/04/2024

» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.

BUSINESS

SET vows tougher rules on short selling, trading

Business, Nareerat Wiriyapong, Published on 23/02/2024

» The Stock Exchange of Thailand (SET) is planning to raise the market capitalisation requirement for securities eligible for short selling and triple the fines for violators of short selling rules.

BUSINESS

Gulf Binance aims to be market leader

Business, Nareerat Wiriyapong, Published on 16/02/2024

» Gulf Binance Co, a joint venture between the world's largest crypto exchange and SET-listed Gulf Energy Development, aims to become the top player in Thailand's thriving digital asset exchange market within two years.

BUSINESS

Warning over Thailand's finances

Business, Nareerat Wiriyapong, Published on 04/11/2023

» Analysts are expressing concerns over Thailand's fiscal position, saying figures are likely to deteriorate in the medium term as the government pushes through populist policies such as the digital wallet scheme.

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).