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Search Result for “GTA”

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BUSINESS

Thais among top 10 global gold buyers

Nuntawun Polkuamdee, Published on 10/09/2025

» Thailand has emerged as one of the world’s top 10 gold buyers, with demand jumping 21% year-on-year to 20.7 tonnes in the first half of 2025, supported by expected US interest rate cuts, safe-haven demand and a global de-dollarisation trend, says YLG Bullion International.

BUSINESS

Analysts upbeat on long-term gold prices

Business, Nuntawun Polkuamdee, Published on 08/11/2024

» Analysts expressed optimism that gold prices have a chance to rise in the long term after domestic prices plunged by 800 baht per baht weight on Thursday, mainly attributed to the dollar strengthening.

BUSINESS

Gold price falls as Thai baht strengthens

Business, Nuntawun Polkuamdee, Published on 09/09/2024

» The domestic gold price has dipped by 2,000 baht per baht weight in just over a month as the Thai currency appreciated by more than 7% during the period, with the Gold Traders Association (GTA) noting prices may continue to decline if the value of the baht appreciates.

BUSINESS

Follow the yellow brick road

Nuntawun Polkuamdee, Published on 13/05/2024

» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.

BUSINESS

Thai gold price hits record

Business, Nuntawun Polkuamdee, Published on 20/10/2023

» Domestic gold prices rose to a record high of 34,100 baht per baht weight on Thursday, up 300 baht from a day earlier, as the intensity of the Israel-Hamas conflict has driven up demand for the safe-haven asset, says the Gold Traders Association (GTA).