gold trading
- Guides
The 5 common types of markets to start trading
Just getting started on trading? You’re probably wondering about the types of markets available and which one you should trade. This decision can be daunting for beginners since each market offers unique opportunities with varying risk levels and potential returns. Therefore, it’s important to research and understand the basics of each market before deciding where to invest your funds. So,…
- Guides
Strategic gold trading with pivot points & market timing
Trading in gold has long been a preferred strategy for investors looking to diversify their portfolios and hedge against market volatility. In Thailand, where the economic landscape and market dynamics differ from global trends, understanding the strategic use of pivot points and market timing is crucial for success. Advanced traders often leverage these tools to refine their trading strategies, maximising…
- Business News
Exploring new trends in gold trading for enhanced profitability
Gold has been a highly valued commodity for centuries thanks to its rarity, beauty, and many practical uses. In recent decades, gold trading has become particularly lucrative due to market volatility and rising gold prices. However, the gold market is constantly evolving with new products, regulations, and technologies. Staying up-to-date with the latest gold trading trends is essential for traders…
- Technology News
Incorporating AI in predictive analysis for gold trading
In the evolving financial market landscape, the integration of artificial intelligence (AI) has become increasingly prevalent, particularly in enhancing predictive analysis for trading in gold. Influenced by local and global factors, Thailand’s gold market offers unique opportunities for traders who can accurately forecast price movements. By leveraging AI, traders can refine their strategies, improve accuracy, and potentially increase profits in…
- Press Room
Exploring Digital Gold Trading platforms for modern investors
In the ever-evolving landscape of investment, modern investors in Thailand are increasingly turning to digital platforms for trading in gold. This shift is driven by the convenience, accessibility, and advanced features these platforms offer. As traditional methods of investing in gold give way to digital alternatives, it’s crucial to understand the benefits and functionalities of these platforms to maximize returns…
- 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
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!…
- 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…
- 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…
- 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…
- 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 market glistens: Prices sparkle with a 100 baht boost in a day
Gold prices in Thailand saw a significant surge today as per the Gold Traders Association. Compared to the closing price of the previous day, gold ornaments today, September 19, were sold at an increased rate of 33,100 baht (US$926) per baht weight, marking an upswing of 100 baht. At 9.28am, the Gold Traders Association’s website showed the latest data. 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…
