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Search Result for “Gold Traders Association”

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BUSINESS

Gold traders see price boost

Business, Nuntawun Polkuamdee, Published on 21/01/2019

» Traders expect a gold price of US$1,300 an ounce in the first quarter amid concerns over slower US GDP growth and the dollar's unstable value.

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

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.

BUSINESS

Traders forecast further gains for gold

Business, Nuntawun Polkuamdee, Published on 10/06/2024

» YLG Bullion International recommends investors accumulate gold amid ongoing price consolidation as gold traders believe prices will rise in the medium to long term, particularly after the Federal Reserve cuts interest rates in the second half of this year.

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

As gold spikes, traders urge caution

Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/10/2025

» Thai gold traders are warning investors to shop wisely after bullion surged for the eighth consecutive week, buoyed by renewed fears of a US-China trade war, the ongoing US government shutdown and increased prospects of a Federal Reserve interest rate cut.

BUSINESS

Gold traders and BoT discuss controls

Nuntawun Polkuamdee, Published on 25/12/2025

» Gold traders have proposed dollar-denominated trading as a way to curb baht volatility, as the Bank of Thailand scrambles to ease the strength of the Thai currency, while bullion soars to a fresh all-time high.

BUSINESS

Gold traders must report daily trades

Business, Somruedi Banchongduang, Published on 05/12/2025

» The Bank of Thailand is requiring gold traders to report daily transactions across both physical and digital channels.

BUSINESS

Traders see gold hitting $3,800 an ounce

Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 06/05/2025

» Gold prices are on track to hit $3,800 per ounce later this year amid mounting fears of a global economic slowdown, due partly to the unpredictable trade policies of US President Donald Trump, according  to local traders.

BUSINESS

Gold traders want to burn midnight oil

Business, Nuntawun Polkuamdee, Published on 20/02/2019

» The Stock Exchange of Thailand (SET) is considering extending the night trading period for gold futures to serve high demand for gold investment amid foreign exchange fluctuations and prospects of slower global economic growth.