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 ...

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 ...

Nadakan Daorueang, 28, a mother of two, has made nearly 50,000 baht (US$1,485) in profit since last July by buying and ...

[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 ...

By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) – After surging gold shipments helped push Thailand’s baht to a 6-year-high, dealers in the yellow metal voiced doubt on ...

The baht THB=TH strengthened by 0.3% to 31.29 per U.S. dollar at 0615 GMT, which exporters say is much stronger than the 33-34 baht rate that they need for shipments. The central bank has said ...

Krungthai Bank's Paotang app provided easy access with an initial minimum investment of around 6,000 baht ($180). She sold for the first time in early 2024 when gold hit $2,000 per troy ounce ...

Thailand's central bank said on Tuesday it was closely watching movement in the baht currency , which it said is a result of external factors and in line with regional peers.

The Bank of Thailand’s plan to sever the link between gold trading and the baht may be a way to limit the currency’s long-term gains without incurring the wrath of the U.S. over foreign ...

The Bank of Thailand is seeking to encourage more gold trading using foreign-currency deposits, an attempt to shield the baht from swings in sales of the precious metal when prices spike.

Despite record-high prices, Thailand is defying global trends and leading Asia's gold demand. What’s driving this unexpected surge? In a surprising twist that has captivated financial markets ...