Unprecedented gold prices and a surge in retail sales may push revenue at Thailand’s largest gold trading house to a record 5 trillion baht ($156 billion) this year, according to Hua Seng Heng Chief ...
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 ...
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 ...