Tag: gold

Singapore aims to become Southeast Asia's gold clearing hub, leveraging regional regulatory shifts, neutral trade policies, and advanced infrastructure, while competing with Hong Kong through market depth, technology, and institutional participation.

Gold prices plummeted THB2,450 on June 10, 2026, after 38 revisions. Investors and consumers are closely monitoring the volatile market.

In April 2026, Thai exports grew 23.1%, driven by electronics and US demand, while imports surged 45%, causing a record trade deficit; SCB EIC raised the 2026 export forecast to 7.8%.

The Thai baht is expected to weaken to 33.50 per US dollar this week due to Middle East conflict, rising US bond yields, and declining gold prices, despite Bank of Thailand intervention.

The gold market's impact on Thailand's economy is a pressing concern, and authorities must take action to mitigate the risks and ensure the country's financial stability.

The Bank of Thailand will limit online gold trading by January 29 to curb pressure on the baht, which has strengthened against the dollar, impacting exports and tourism.

Thailand's central bank will impose limits on online gold trading by January 29 to reduce upward pressure on the baht, which has strengthened significantly against the dollar.