Strong prices and risk lift Thai gold demand
Thailand's investment in gold bars and coins hit a seven-year high in the first quarter, rising 35% year-on-year to 10 tonnes as growing economic and political uncertainty underpinned the metal's safe-haven appeal in the country, says the World Gold Council (WGC).
ORIGINAL SOURCE →via Bangkok Post
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · TH
- [AVIATION] Foreign arrivals decline amid airline upheaval
- [TECH] Thai temples launch rockets in friendly festival rivalry
- [TECH] Thai temples launch rockets in friendly festival rivalry | AJ #shorts
- [CONFLICT] Thai cabinet approves plans to borrow $12bn to ease Iran war fallout
- [CONFLICT] Thailand scraps 2001 maritime territory deal with Cambodia after years of deadlock
- [DIPLOMACY] Thai foreign minister seeks ASEAN talks with Myanmar counterpart