News Forum - Gold prices hit record high in Thailand, predicted to climb further

[Thaiger]

Gold prices in Thailand have reached a historic peak, with projections indicating a possible increase to 38,000 baht per baht weight within the year. This surge is largely attributed to the continued global increase in gold prices, which are nearing a two-month high of over US$2,080 per ounce, according to the Gold Traders Association (GTA). … …

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[mason45]

When I first bought gold in Bangkok 20 years ago it was 7,500 baht. I know gold and silver appreciate etc over the years but to me 38,000 baht is immensley over valued.