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Search Result for “Andrew Naylor”

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GENERAL

How gold fosters economic growth and prosperity

Business, Published on 12/12/2024

» As we move into 2025, gold offers a unique opportunity to provide stability amid geopolitical uncertainties. Traditionally, gold is a symbol of prosperity and wealth in Thai culture, often used to celebrate major family milestones such as weddings, birthdays and the arrival of newborns.

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BUSINESS

Gold outlook remains plated in mystery

Business, Published on 20/02/2023

» Gold is perceived as a safe-haven asset, a long-term investment and a hedge against uncertainty in the global economy and geopolitics.

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BUSINESS

Local gold demand seen as muted

Business, Sirinnaree Ongsakul, Published on 03/02/2023

» Gold demand in Thailand is likely to pull back this year after rising 3% in 2022 as consumers are concerned about a global economic slowdown, according to the World Gold Council.

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BUSINESS

Gold to see volatility in short term

Business, Nareerat Wiriyapong, Published on 28/09/2022

» Gold prices should remain volatile in the short term amid the strengthening US dollar and rising interest rates, but the outlook is positive as investors buy gold to hedge against uncertainties in the global financial market, say the World Gold Council.

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BUSINESS

Thai gold demand sinks

Business, Published on 13/05/2022

» Consumer demand for gold in Thailand fell 54% year-on-year to 3.8 tonnes in the first quarter, from 8.3 tonnes in the first quarter of 2021, as high prices weighed on sentiment, according to the World Gold Council (WGC).

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BUSINESS

Thai gold demand recovering

Business, Published on 04/02/2022

» Consumer demand for gold in Thailand reached 12 tonnes in the fourth quarter of 2021, up 44% from the previous quarter and bringing the full-year total to 37 tonnes, reversing a year of net sales in 2020, according the World Gold Council.