gold

  • 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…

  • Business News

    Gold soars to unprecedented heights amid geopolitical tensions

    As the second quarter of the year commences, gold has reached unprecedented heights, thanks to geopolitical tensions and the Federal Reserve’s impending rate cuts. The precious metal’s price soared to as high as US$2,259.69 per ounce, marking an increase of 1.3% from its value at the end of last week. The Federal Reserve’s preferred measure of core inflation, the core…

  • 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

    Gold prices in Thailand retreat but stay over 37,000 baht mark

    Gold prices in Thailand took a dip today after a continuous climb, with the Gold Traders Association (GTA) reporting a decrease of 100 baht compared to the closing figures yesterday, March 12. Despite the fall, prices remained above the 37,000 baht mark. As of the latest update from the association at 9.05am today, the price for gold ornaments was set…

  • 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…

  • 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

    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 dip slightly, investors on alert

    Gold prices in Thailand saw a slight dip today, prompting investors and enthusiasts to make quick decisions. According to the latest data released by the Gold Traders Association (GTA), the price of gold ornaments dropped by 50 baht compared to the previous day, now selling at 34,800 baht per baht-weight (a traditional Thai unit of measurement for gold). The association’s…

  • 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

    Thai gold prices plummet, buyers encouraged to act

    The Thai Gold Traders Association (GTA) disclosed a significant drop in gold prices, prompting those interested in purchasing to act quickly. The price of gold ornaments tumbled by 150 baht, comparing the closing price on January 24, which stood at 34,650 baht per baht-weight. Today the latest figures from the association’s website, reported at 9.06am, show a marked decrease in…

  • 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…

  • Thailand News

    Gold price takes a dip in Thailand, down 50 baht from previous close

    The Gold Traders Association (GTA) today revealed a further drop in today’s gold price when compared to the final price of yesterday. Today, a baht of gold ornament is selling for 34,150 baht, a 50 baht reduction from the closing price of yesterday. As per the GTA website, gold bars can be sold for 33,650 baht per baht and purchased…

  • Thailand News

    Gold price remains steady in Thailand

    The Gold Traders Association (GTA) revealed today’s gold price remains steady and those interested should hurry to make purchases. As of today, January 10, the selling price for gold ornaments is 34,150 baht per baht weight, unchanged from the closing price yesterday, according to the latest information from the GTA’s website at 9.03am. The price for 96.5% gold bars in…

  • Thailand News

    Gold prices in Thailand experience an increase of 50 baht

    The Gold Traders Association (GTA) today announced a rise in gold prices. The retail gold price experienced an increase of 50 baht compared to the closing price on the previous day. The selling price of gold ornaments was 34,000 baht per baht, as reported by the news correspondent. The information, based on the data released on the GTA’s website at…

  • Thailand News

    Solo female robber strikes gold shop in Sadao, making off with 800000 baht

    A 20 year old local woman executed a bold solo robbery, absconding with gold valued at over 800,000 baht from a Lotus Gold Shop in Sadao, Songkhla province. The incident transpired at 5.30pm yesterday. The store’s CCTV footage showed the woman, identified as Precha, committing the crime single-handedly while brandishing a knife, before making her escape on a Honda GPX…

  • Thailand News

    Gold price dips to 33,900 baht per baht, says GTA

    The Gold Traders Association (GTA) decreased the gold price consecutively today compared to the closing price yesterday. The bullion price shifted to 33,900 baht (US$981) per baht today. Reporters stated that the GTA announced a 100 baht (US$2.89) decrease in today’s gold price compared to yesterday’s closing price, with the bullion price now standing at 33,900 baht (US$981) per baht,…

  • Economy News

    Gold prices take a dip in Thailand: 50 baht decrease reported

    The price of gold fell again on the morning market today, with a decrease of 50 baht (US$1.46) compared to the closing price yesterday. As reported at 9.05am today, the cost of gold ornament was selling at 34,050 baht (US$99.4) per baht, according to the Gold Traders Association (GTA). Meanwhile, the 96.5% gold bar was bought at 33,450 baht (US$976.93)…

  • Thailand News

    Golden blunder: Granny’s 2 million baht treasure trashed by unwitting grandkid

    A 60 year old woman lost over 2 million baht in gold after it was mistakenly thrown out with the rubbish by her unaware grandchild. The fortune was later discovered by a waste collector, who initially believed it to be counterfeit. The police were involved in the recovery of the gold, and it was returned to its rightful owner. Wandee today…

  • Economy News

    Gold prices predicted to hit record highs by 2024, says MTS Gold

    MTS Gold, a local trader, predicted that gold prices are likely to skyrocket to new record levels of over 79,005 baht (US$2,300) per ounce and beyond 40,000 baht (US$1,164) per baht weight by this year. This forecast comes amidst anticipated adverse global economic situations. Kritcharat Hiranyasiri, the President of MTS Gold, explained that the anticipated decline in interest rates and…

  • Thailand News

    Gold prices in Thailand take a slight dip today

    Gold prices decreased today, according to the Gold Traders Association. The price of gold ornaments was adjusted to 34,100 baht (US$994) per baht-weight, a drop of 50 baht (US$1.46) compared to the final price on December 28. This adjustment was reflected in the latest data from the Association’s website at 9am today. The selling price for 96.5% gold bars in…

  • Economy News

    Stable gold prices in Thailand offers secure investment opportunity

    The Gold Traders Association announced today’s gold prices, maintaining the same rates as yesterday. The selling price for gold jewellery is set at 34,050 baht. The price of gold remains unchanged from yesterday, with the Gold Traders Association revealing the selling price for gold jewellery at 34,050 baht per baht, according to the latest information published on their website at…

  • Thailand News

    Counterfeit gold ornaments worth 3 million baht found on Chaeng Watthana Road

    Expressway Traffic Police officers yesterday reported a large black bag found on the outbound lane of Chaeng Watthana Road to Pak Kret Police Station, Nonthaburi. The bag, discovered on the expressway, contained a camouflaged backpack filled with various types of ornamental gold, weighing no less than 100 baht. Officers could not immediately identify whether the jewellery was real or fake.…