Search Results for: gold jewellery
- Crime News
Body of loan shark found in Thailand river, 7 baht of gold jewellery missing
The body of a Thai woman missing for three days was recovered from a river in Chumphon province in southern Thailand yesterday. The gold jewellery she usually wears, worth 220,000 baht, was missing. The deceased – 32 year old Chadathip – ran a loan business and never returned from an appointment she made to chase money from a debtor on…
- Pattaya News
Pattaya thief nabs pricy gold jewellery in broad daylight
There’s been another gold jewellery theft in Pattaya, but this time, a few things are different from the usual stories. No ladyboys or tourists were involved, and the theft happened in broad daylight. The thief yesterday managed to steal a gold necklace and ring worth 46,000 baht from 54 year old Kulab Tansanthiayu, The Pattaya News reported. Kulab said the…
- Pattaya News
25 year old arrested over theft of gold jewellery valued over 2 million baht in Pattaya
PHOTOS: The Nation An employee of a hotel in Pattaya has been arrested over the alleged robbery of a gold shop in Pattaya. He netted 1.65 kilograms of gold jewellery with a value of 2.18 million baht at the weekend. 35 year old Sornchai Nilsonthi is accused of robbing the Suppatra Yaowaraj gold shop at the Big C shopping mall…
- Thailand News
Gold prices drop again, jewellery now at 40,850 baht
Gold prices continue their downward trend today, with the Gold Traders Association (GTA) reporting another drop. As of this morning, the price of gold jewellery stands at 40,850 baht per baht-weight, reflecting a decrease of 150 baht from yesterday. Today’s gold prices, as reported at 9.16am, show a decrease when compared to the closing prices yesterday, June 25. The GTA’s…
- Crime News
Jewellery store robbery: 65,000 baht worth of gold necklaces stolen in five minute heist
A jewellery store robbery occurred yesterday at approximately 5.20pm in Ratchaburi province. The Niyomsin Shop, situated on Pracha Niyom Road within the Ban Pong municipality, reported a loss of two gold necklaces, each weighing 1 baht, amounting to a total loss of 65,000 baht. The store is a long-established business of 50 years, owned by Wirat Charupunphon and his wife.…
- Economy News
Gold demand dips, jewellery market sees prices fall to 32,100 per baht weight
Demand for gold jewellery in Thailand experienced a drop causing a significant price dip in today’s market, according to the local gold traders association. The gold bar was trading at 32,100 baht per baht weight, a reduction of 150 baht compared to yesterday’s closing price, as reported on the association’s official website at 9.24am today. The 96.5% pure gold bars…
- Pattaya News
VIDEO: robber snatches 1 million baht worth of jewellery from Pattaya gold shop
There’s been another gold shop robbery in Thailand, this time in Pattaya. On Wednesday, the robber threatened staff at the Aurora Gold Shop in Tesco Lotus in South Pattaya at gunpoint. The robber reportedly first gave the staff a piece of paper detailing his demands. The staff were hesitant, so the robber then walked behind the counter himself, and took…
- Northern Thailand News
Buri Ram gold and jewellery thief arrested whilst trying to flee the province
A man was arrested in his car yesterday in the northeastern province of Buri Ram after allegedly stealing gold valued around two million baht from a shop at a local department store over two weeks ago, on the night of December 28. 22 year old Prawit Chaikheenee was arrested whilst sitting in his on the Buri Ram-Nang Rong Road while…
- Thailand News
Pattaya thief arrested, partner shows up wearing stolen jewellery
Pattaya police successfully apprehended a seasoned thief involved in stealing from a dental clinic and confiscated stolen goods worth over 100,000 baht. During questioning, the thief’s partner arrived, wearing jewellery from another theft case, resulting in her arrest. Police officers and an investigative team from Pattaya City Police Station today, June 26, apprehended 35 year old Sumpan under an arrest…
- Business News
Vietnam considers ceasing decade long gold import ban
Vietnam may soon allow companies to import gold for the first time in over a decade. Aiming to bridge the gap between local prices and international benchmarks, this development comes as the Vietnam Gold Traders Association (VGTA) continues its extended discussions with the government to address the supply and demand imbalance for gold. Huynh Trung Khanh, vice chair of VGTA,…
- Guides
The top strategies and tips for successful gold trading
Are you thinking about trading gold and entering the realm of online CFD trading? This yellow metal is so important that it has earned a reputation as the ultimate symbol of wealth. And for investors, it has long been considered a valuable asset due to its stability and perceived value in times of economic uncertainty. While trading gold derivatives can…
- Thailand News
Elderly Thai couple’s buried backyard gold stash vanishes (video)
An elderly Thai couple lost more than 200,000 baht worth of gold accessories after burying them in their backyard in the northern province of Lamphun on Monday, June 3. The elderly man, 71 year old Prawet Sitha, asked officers from Pasang Police Station to help track down the thief who dug up the gold accessories from his backyard. Prawet explained…
- Business News
Golden stability: Prices hold firm above US$2,300 despite brief dip
With a steady hold above US$2,300 during the early days of May, gold prices remained relatively unchanged, following a brief dip to the lowest level since the start of April. The first half of this year is anticipated to experience intense volatility in prices owing to factors such as the US economic health, global interest rate fluctuations, and the Middle…
- Business News
Predicted surge in global gold prices to US$2,500 per ounce
Global gold prices are set to touch US$2,500 per ounce in the latter half of this year, as per predictions by local gold traders, despite a recent slump below US$2,300. The market has scaled down its expectations for US interest rate cuts this year to a maximum of two times, a reduction from the previously anticipated three to four times.…
- Crime News
Laotian tourist’s 80,000 baht gold necklace stolen in Pattaya
Emerging from the nocturnal charm of Pattaya, an intriguing tale of a Laotian tourist and a vanished 80,000 baht (US$2,150) gold necklace has surfaced. The unfortunate incident unfolded early this morning, May 1, along the bustling Sukhumvit Road in the Nongprue sub-district, Banglamung district, Chon Buri province. The victim, Detnakhon Inthakoummane, a 37 year old Laotian national, recounted his ordeal…
- Thailand News
Tattoo artist stumped by gold necklace left at studio (video)
A tattoo artist was left in a state of shock when a customer forgot a large gold necklace at his studio and then became unreachable. This incident, which occurred yesterday, April 20, was shared on TikTok by the username @armanucha1, who found themselves in a perplexing situation with no clear course of action after discovering the valuable item left behind.…
- Thailand News
Fake gold sales soar as Thai baht-weight hits 40,000 baht record
Gold prices have recently skyrocketed, touching a record high of 40,000 baht per baht-weight, prompting a surge in sales for fake gold shops as genuine gold becomes less accessible for many consumers. Amidst these soaring prices, the allure of fake gold that doesn’t tarnish but cannot be pawned has captured a diverse customer base, from luxury car drivers to factory…
- Business News
Gold rush: Bullion prices hit record high, further increase forecast
Bullion prices have hit a new record high of over US$2,300 an ounce with sustained demand from central banks and rising geopolitical conflict. This led local traders to raise their forecasts for both global and domestic prices of gold to US$2,350 and 40,500 baht respectively. The Gold Traders Association (GTA) updated the domestic price by 400 baht per baht-weight before…
- Thailand News
Chinese national’s lost gold Cartier bracelet found in Phuket
A valuable gold Cartier bracelet, worth approximately 750,000 baht, was reported missing by a Chinese national on Thalang Road in Phuket late on Thursday evening. The Chinese man, 45 year old Wang Lei, expressed his gratitude to the local police force for their quick action in locating and returning his lost property. Wang approached the Phuket City Police shortly after…
- Thailand News
Chon Buri police nab thief stealing 18,000 baht gold bracelet
A theft at a gold shop in Chon Buri Province was foiled when police apprehended a 21 year old factory worker who posed as a customer to steal a gold bracelet. The suspect, Shinawatra, was arrested and confessed to the crime, prompted by the high gold prices to fund personal expenses. The brazen theft occurred at a gold shop in…
- Guides
Predict gold’s rise in 2024, golden opportunities await!
Discover the factors behind the recent upswing in gold prices, and why they offer valuable insights for investors. This article also explores the easiest way to trade gold these days. Effortlessly trade with ease through Copy Trading! It allows you to invest in the winning strategies of market experts who trade on the trustworthy XM brokerage platform. Trading has never…
- Thailand News
Investigations reveal fake diamonds and counterfeit jewellery
Authorities in Bangkok have launched a crackdown on jewellery businesses, manufacturers, and distributors following a surge in complaints from unsuspecting tourists. The Office of the Consumer Protection Board (OCPB), alongside key agencies including the Bangkok Metropolitan Administration and the Tourist Police, took decisive action to address concerns raised by visitors who felt deceived into purchasing fake diamonds and counterfeit jewellery.…
- Thailand News
Surging gold prices trigger counterfeit boom in Thailand
Police have issued a stark warning about a surge in counterfeit gold following a significant increase in its price. The warning comes after a prominent store suffered a loss of over 8 million baht (US$ 224,000) due to the undetectable blending of gold with other metals using sophisticated techniques. The Royal Thai Police’s Central Forensic Science Division, in a joint…
- Thailand News
Thai gold prices surge, reach new high at 35,750 baht per baht
Gold prices in Thailand saw a continuous surge today, prompting those interested in trading the precious metal to act swiftly. The Gold Traders Association (GTA) reported a significant increase compared to yesterday’s closing rates, with the selling price of gold ornaments per baht weight reaching 35,750 baht today marking a 50 baht increase from the previous day. The domestic market…
- Business News
Anticipated US interest rate cut to boost gold prices in May
Gold prices in the domestic market, which had earlier witnessed a surge to 34,550 baht (US$956) per baht-weight during the Lunar New Year, are anticipated to rise again in May. This forecast comes as traders expect the Federal Reserve to begin a cut in US interest rates, thereby potentially driving global prices to US$2,100 per ounce. Gold Traders Association (GTA)…
- Thailand News
Bangkok Gems and Jewellery Fair set to boost Thailand’s economy
The 69th Bangkok Gems and Jewellery Fair is set to take place from February 21 to 25 at the Queen Sirikit National Convention Center. The Department of International Trade Promotion and the Gem and Jewellery Institute of Thailand (GIT) are organising the event, in partnership with a joint committee that includes 13 government and private sector organisations. As one of…
- Business News
Thai jewellery industry urged to focus on sustainable manufacturing
The Gem and Jewellery Institute of Thailand (GIT) urged Thai jewellery producers to bolster their focus on sustainable manufacturing. The call to action comes amid growing customer interest in the ethical and environmental considerations of the industry. GIT, an agency of the Commerce Ministry, emphasised that while the industry primarily centres around design and the ability to refine uncut jewels,…
- Thailand News
Thailand gold prices take a slight tumble
Gold prices in Thailand saw a slight decrease at the start of the week. According to the latest figures from the Gold Traders Association (GTA), the price of gold jewellery is now set at 34,550 baht per baht weight as of Monday, representing a 50 baht drop from the previous day’s close. The domestic gold market experienced a minor adjustment…
- Guides
Mastering gold trading in Thailand: Techniques and insights
Gold trading in Thailand requires a combination of local market knowledge, global economic insights, and the implementation of advanced trading techniques. For those interested in trading gold in Thailand, mastering a variety of strategies and staying informed about market dynamics are key to success. Understanding the Thai gold market The Thai gold market is unique, with its own set of…
- Thailand News
Transgender trio snatch gold necklace from Korean tourist in Pattaya
A Korean tourist last week was allegedly robbed of his 200,000 baht gold necklace by a trio of transgender suspects in Pattaya. The 51 year old tourist, Seongmu, accompanied by his 43 year old Thai friend, Surat Kongin, revealed the details of the robbery which took place on Thursday, January 11, imploring justice for the brazen theft. The escapade unfolded…
