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Gold Rush or Bubble? Thailand braces as prices threaten to break 70,000 baht per baht-weight
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Gold Rush or Bubble? Thailand braces as prices threaten to break 70,000 baht per baht-weight
Gold surges toward 70,000–80,000 baht per baht-weight as investors rush in, while ordinary Thais risk being priced out of their traditional safe-haven asset. PATTAYA, Thailand – For decades, gold has been a safe haven for Thai savers. From Yaowarat shopfronts in Bangkok to family-run gold stores in provincial markets, buying a baht of gold has been less about speculation and more about security. But with international banks like Goldman Sachs no…
·Pattaya City, Thailand
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