News Forum - Not much expected from Thailand’s gold sales this Chinese New Year

[Thaiger]

Thailand’s Gold Traders Association (GTA) doesn’t expect much from this year’s gold sale during Chinese New Year. The New Year usually draws a swarm of customers looking to buy gifts for their loved ones.  But this year, Chinese-Thai buyers will prefer to by smaller pieces weighing one or two salung, rather than one-baht pieces, according …

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[Ramanathan.P]

Better keep liquid cash instead of buying gold. There is always a loss in value when exchange unless there is huge increase in gold value against the US currency. Bringing food to the table is more important than bringing gold to the house.