gold trading

  • 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…

  • Guides

    3 most popular trading instruments in Thailand

    In Thailand’s dynamic financial landscape, there is increasing interest in investment and trading in foreign instruments among Thai investors. Facilitated by online trading platforms, individuals are exploring financial opportunity and navigating the landscape to gain insights. XM, a globally recognized broker, provides valuable services for trading multi-asset foreign instruments to expand your investment horizons. Open an account for more opportunities!…

  • 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

    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 shine on: Traders stay bullish amid recent slump

    The trading community’s optimism for gold prices remains undeterred despite a recent slump, attributing potential strength to a possible end to US Federal Reserve interest rate increases and the escalating conflict in the Middle East. On Friday morning, spot gold prices oscillated between US$1,978 and US$1,978 per ounce, marking an increase of US$3.02 or 0.15%. Concurrently, domestic gold bars traded…

  • Business News

    Thai gold prices dip: Gold Traders Association confirms morning fall

    The Gold Traders Association (GTA) announced a decline in gold prices on this morning, with standard gold selling for 33,400 baht per baht weight, reflecting a decrease of 100 baht compared to the closing price last Friday. The latest value of gold bars in Thailand today, October 16, is 32,800 baht per baht weight for buying and 32,900 baht for…

  • Guides

    Is gold an attractive investment in 2023?

    Are you prepared to begin your journey into the world of trading? XM offers a unique opportunity for you to start without any risk with their $30 No-Deposit Bonus (NDB). However, that’s not the only offer enticing you, there’s also an attractive bonus of 100% plus an additional 20% up to a maximum of $10,500. Open Account Now! But XM…

  • Thailand News

    Gold holds its ground: Steady prices shine in market update

    Gold prices remained steady today according to the Gold Traders Association‘s opening market update, with the price of gold ornaments set at 32,650 baht per baht-weight. The price of gold bars in the country was also unchanged, with the buying and selling rates at 32,050 baht and 32,150 baht per baht-weight respectively. Meanwhile, 96.5% pure gold ornaments were bought for…

  • Thailand News

    Thai gold prices hold steady: 33,000 baht for ornaments and 32,500 baht for bars

    The Gold Traders Association announced that Thai gold prices remain steady today, compared to yesterday’s final prices. The association revealed that the selling price of gold ornaments stands at 33,000 baht per baht weight. This information was obtained from the Gold Traders Association’s website at 9.22am today. The domestic buying price for gold bars is set at 32,400 baht per…