gold
- Thailand News
Police hunt woman who stole gold amulet and 600 baht in Patong
A woman is being sought by police in Patong for stealing a gold amulet and 600 baht from a smoothie shop early today. Patong police responded to the incident on Sawasdirak Road at 10.50am today after the shop owner, known as Aum, reported the theft. She had closed her shop at 2.30am and found the items missing when she returned…
- 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…
- Thailand News
Heartbroken Thai man discovers girlfriend’s true nature as gold thief
A Thai man was heartbroken to discover that his girlfriend of six years was a thief, stealing gold accessories and bars from him worth over 2 million baht. The Thai man, 33 year old Anupong, filed a complaint against his girlfriend at Prachachuen Police Station after the woman revealed her true nature three months after moving into his Bangkok home.…
- Thailand News
Gold stealing Taxi driver arrested for 2 million baht haul
In a swift operation, police detained a taxi driver who was reportedly found in possession of gold worth 1.9 million baht. This follows a gold shop employee’s reports of losing over 40 baht of gold while en route to deliver the valuables to her place of employment in Yaowarat. Chaiyaporn, the gold shop owner, initially offered a 100,000 baht reward…
- Thailand News
Thai courier claims to lose 2 million baht in gold on Bangkok road
A Thai courier filed a complaint with the police, claiming she lost 2 million baht in gold on the Borommaratchachonnani Road in Bangkok while delivering the valuables to a gold shop she worked for. The 58 year old woman named Pailin Kaewphet filed a complaint at Bang Yi Khan Police Station yesterday, May 23, stating that she lost gold necklaces…
- 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.…
- Thailand News
Gold ornament prices leap to 41,200 baht in surprise surge
Gold prices soared unexpectedly, prompting swift action from interested buyers, as the latest figures from the Gold Traders Association (GTA) showed a significant jump. Today, gold ornaments’ selling price broke through to 41,200 baht per baht-weight, an increase of 350 baht from the previous day’s closing price. The surge in gold prices is not just an isolated economic event but…
- Guides
Advanced guide to gold trading and hedging strategies for Thai investors
In the dynamic world of financial investments, trading in gold remains a cornerstone for those looking to diversify and stabilize their portfolios. Particularly for the Thai investor, with the nation’s deep cultural affinity for gold and its strategic geographical and economic position in Southeast Asia, understanding advanced gold trading techniques is paramount. This guide delves into sophisticated hedging strategies that…
- Thailand News
Gold prices hit new record in Thailand amid market volatility
Gold prices in Thailand skyrocketed, setting a new all-time high record, reflecting a sharp increase of 750 baht from the previous day’s closing rate. The surge occurred amidst volatile market conditions, with the Gold Traders Association (GTA) announcing five price changes within the first 35 minutes of the trading day, starting with an initial hike of 700 baht at 9am.…
- 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…
- Thailand News
Thailand gold prices hit record, surpass 40,000 baht
Gold prices in Thailand soared to a new high today, breaking the 40,000 baht barrier, as reported by the Gold Traders Association (GTA). The market opened with a significant increase from the previous day’s closing rates, with gold ornaments now priced at 40,100 baht per baht-weight (a traditional Thai unit of measurement). Gold experienced a sharp climb of 350 baht…
- Thailand News
Elderly Bangkok vendor robbed at knifepoint for gold and cash
A 72 year old woman was threatened and robbed at knifepoint at her street vendor stall by a male and a female assailant. The incident occurred at approximately 5.31am today in the Bang Khae district of Bangkok, leaving the septuagenarian victim, Srirat (last name withheld), without two gold necklaces weighing a combined five baht and an unspecified amount of cash.…
- 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
Thai gold hunter killed in landslide at mine in southern Thailand
A Thai gold hunter yesterday lost his life in a landslide at a mine in the southern province of Prachup Kiri Khan. Officers from Bang Saphan Police Station and the Sawang Ratsattadham Foundation rushed to the gold mine in the Ron Thong sub-district, Bang Saphan district, Prachub Kiri Khan after receiving a notification about the landslide. Locals informed the police…
- Business News
Gold prices predicted to hit US$2,250 per ounce by year-end
A revision in the global gold prices outlook has been announced by the Gold Traders Association (GTA), projecting an increase to US$2,250 per ounce by year-end from its previous estimate of US$2,100. This adjustment comes in the wake of domestic prices reaching an all-time high of 36,700 Thai baht per baht weight yesterday morning. The President of GTA, Jitti Tangsithpakdi,…
- Thailand News
Thailand’s gold prices hit dazzling new high, breaking 37,000 baht mark
Gold prices continue to surge in Thailand, with the cost of gold ornaments breaking the 37,000 baht mark for the first time. The Gold Traders Association (GTA) reported a significant increase compared to the previous day’s rate, where the selling price of gold ornaments reached 37,100 baht per baht-weight as of the latest update on March 11, 2024. The domestic…
- Business News
Bitcoin and gold hit record highs together for the first time
Global markets are experiencing a whirlwind of mixed signals as Bitcoin and gold both hit record highs. This marks the first concurrent peak for the two assets since the emergence of Bitcoin over ten years ago. However, each asset’s distinct driving factors could create confusion – gold has long been a safe store of value, while Bitcoin’s function beyond pure…
- Thailand News
Surging gold prices trigger counterfeit boom in Thailand
Police have issued a stark warning about a surge in counterfeit gold following a significant increase in its price. The warning comes after a prominent store suffered a loss of over 8 million baht (US$ 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…
- Business News
Gold prices hit record high in Thailand, predicted to climb further
Gold prices in Thailand have reached a historic peak, with projections indicating a possible increase to 38,000 baht per baht weight within the year. This surge is largely attributed to the continued global increase in gold prices, which are nearing a two-month high of over US$2,080 per ounce, according to the Gold Traders Association (GTA). The price of gold bars…
- Business News
Gold prices experience significant rise, says GTA
Today saw a marked increase in gold prices, according to the Gold Traders Association (GTA). The buying prices for gold ornaments reached 34,473.84 baht (US$966) per baht weight, and gold bars were valued at 35,100 baht (US$984) per baht weight. On the other hand, the selling prices were determined at 35,700 baht (US$1,001) per baht weight for gold ornaments, while…
- Thailand News
Thailand gold prices stable at 35,050 baht with steady market
Gold prices in Thailand remained stable, with no increase or decrease compared to the previous closing figures yesterday The Gold Traders Association (GTA) listed the selling price for gold ornaments surpassing the 35,000 baht mark today in the Western calendar. The latest figures from the association’s website, recorded at 9.02am, indicated that the selling price for gold ornaments was 35,050…
- 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
Thai gold market opens with steady prices at 34,700 baht
The Gold Traders Association (GTA) today announced the Thai gold market’s opening prices, which remained steady compared to yesterday’s close. Ornamental gold was quoted at 34,700 baht per baht weight today. According to the GTA’s morning update, the price of gold bars, which contain 96.5% pure gold, was set at a buying rate of 34,100 baht per baht weight and…
- Thailand News
Thai gold prices drop at market open, gold bars at 34,050 baht
Gold prices in Thailand saw a decline at the opening of the market, comparing the last price from January 29. The Gold Traders Association (GTA) reported the selling rate for gold ornaments at 34,550 baht per baht-weight (a traditional Thai unit of measurement for gold, equating to 15.16 grammes) for today, marking a decrease of 100 baht from the previous…
- 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…
- Guides
Harnessing advanced techniques for gold trading in global markets
Trading gold has been a cornerstone of global financial markets for centuries, standing as a symbol of wealth, stability, and a safe haven for investors. In the contemporary landscape, the dynamic nature of markets demands a sophisticated approach to gold trading, leveraging advanced techniques to navigate the complexities and capitalize on opportunities. This guide delves into the realms of harnessing…
- Thailand News
Steady gold prices in Thailand spark call for quick decisions
The Gold Traders Association (GTA) revealed that today’s gold prices remain unchanged from yesterday, urging quick decisions to be made. As of today, the selling price for gold ornaments is stated at 34,350 baht per baht-weight, a steady hold from the final price of yesterday, according to the most recent data from the GTA at 9.03am. Gold bars with 96.5%…
- World News
Man dies in tragic accident while digging for gold in kitchen
A tragic event unfolded in Brazil when a man lost his life after falling into a deep hole he had dug in his kitchen. The 71 year old, João Pimenta da Silva, believed that there was gold buried beneath his home. This belief was prompted by a dream and the Brazilian man enlisted the assistance of a neighbour to help…
