Showing 1-10 of 27 results
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Local gold price pierces psychological support line
Business, Darana Chudasri, Published on 25/09/2020
» The trading price of local gold bars fell below the psychological support line at 27,650-27,750 baht per one baht-weight on Thursday, while the global spot price sank to its lowest in over two months at US$1,852 an ounce, pressured by a stronger dollar and a SPDR gold fund sell-off.
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Gold trade gets redefined
Business, Darana Chudasri, Published on 13/08/2020
» After years of regulations confining gold trade in Thailand to the baht, the US dollar will now be used.
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MTS says gold primed for takeoff
Business, Darana Chudasri, Published on 28/02/2020
» The domestic gold price could spike to 27,500 baht per baht-weight over the next six months, fuelled by growing risk-off sentiment, the weakening baht and coronavirus concerns, says MTS Gold Global Trading.
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Gold sentiment rises but volatility reigns
Business, Darana Chudasri, Published on 07/09/2013
» The gold price sentiment index has risen for a second straight month to 63.99 points, up by 19.9% from August, after the precious metal rebounded on worries over Syrian tensions.
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TU eyes 15% gain in gross profit margin
Business, Darana Chudasri, Published on 06/03/2019
» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, targets a 15% gain in gross profit margin this year driven by manufacturing cost efficiency, new business ventures and product innovations.
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SET risks and rewards
Business, Darana Chudasri, Published on 23/01/2017
» The Stock Exchange of Thailand was one of Asia's best performers last year with a rally of almost 20%.
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Bitcoin tumbles to a four-month low at B1.22mn
Business, Darana Chudasri, Published on 20/05/2021
» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.
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SET recovers as Covid measures are unveiled
Business, Darana Chudasri, Published on 10/07/2021
» Despite pressure from the government's fresh batch of Covid control measures and a new record high for daily infections, the SET Index still gained yesterday, closing at 1,552.09 points, up 8.42 points or 0.55%.
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Robust daily trading volume on TFEX
Business, Darana Chudasri, Published on 28/05/2021
» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.
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Mad dash to cash in on gold spike
Business, Darana Chudasri, Published on 16/04/2020
» Thailand's net gold exports of 18,052 kilogrammes in February and 17,638kg in March outpaced the total volume in 2019 of 13,528kg, indicating a mad rush to sell the metal, while the lopsided market has compelled some goldsmiths to temporarily shut down for fear of a cash shortage.
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