The baht is up around 1.2% against the dollar this year, more than double the gain of a broad gauge of Asian currencies. A key reason is Thailand’s role as a gold-trading hub, which has helped ...

BANGKOK, Thailand –The gold trade situation is becoming increasingly concerning, especially for gold jewelry, where sales have dropped by 50%, marking the lowest point in recorded history. Small gold ...

In a surprising twist that has captivated financial markets, Thailand has emerged as the frontrunner in Asia's gold demand, defying the global trend of declining jewelry sales and investor caution ...

A "baht" weighs 15.244 grams and the highest ... For Thai people, their love for gold is deep-rooted. Gold jewelry is highly ...

BANGKOK (Reuters) – After surging gold shipments helped push Thailand’s baht to a 6-year-high ... although that includes imports for use in jewelry and religious items in the largely Buddhist ...

BANGKOK -- Thais' love of gold is legendary, with more than 6,000 shops selling jewelry and gold bars across ... minimum investment of around 6,000 baht ($180). She sold for the first time in ...

The central bank has said gold shipments add upward pressure on the baht. Thai households have invested a lot in gold and typically sell it whenever gold prices go up, or during economic hardship.

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 ...

[BANGKOK] Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger baht due to surging gold prices. Global funds have ...

The baht is up around 1.2% against the dollar this year, more than double the gain of a broad gauge of Asian currencies. A key reason is Thailand’s role as a gold-trading hub, which has helped ...

A "baht" weighs 15.244 grams and the highest-quality gold ... For Thai people, their love for gold is deep-rooted. Gold jewelry is highly valued in Thai culture, often worn during special occasions as ...