Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metal’s influence ...
The fact that Thai gold prices still fell by 100 THB indicates that the downward pressure from the drop in global gold prices ...
Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing ...
BANGKOK (Reuters) - Thailand's central bank is considering a tax on gold trading as well as other measures to stabilise the soaring baht, its governor said on Tuesday, as the currency hit a four-year ...
Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts ...
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BANGKOK: Thailand’s gold trade is pushing back against central bank plans for a tax aimed at curbing a currency rally, warning the measure would hammer businesses and undermine the Southeast Asian ...
Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts to curb the baht’s gains may finally be taking hold.
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