bravingbangkok

Ok so whatever the price that gold is trading at on the international markets is directly linked to the gold price we see in the shops. Basically 2 baht is 1 ounce but not exaclty.

So if Gold were being traded at 900US$ an ounce(2 baht), for 1 baht of gold (1/2 ounce 450US$) it would cost you anywhere in the region of 14600-15500, The price variation is to do witht he exchange rate between US$ and Thai Baht.

So say you buy 1 baht for 14600 depending on the quality of the design they will charge you between 300-600baht per baht bought. Once I bought a fair few bahts and they discounted the making charge to about 350 per baht bought. Some designs, necklaces, bracelts, rings are cheaper than others.

When buying gold bars you are only charged a couple of hundren baht maybe less if you buy a lot but you will be chaged something.

You cannnot bargain on the actual price of the gold in weight but you can bargain on the amount they charge for them making it. Sometimes the price of gold is cheaper in China Town so I would go there if I were you and stay away from the shops in MBK. If you want to buy real gold I would only go to one of the big gold shops in China Town. Over new year the price of gold usually goes up.

Here are some good sights for gold watchers out there

http://www.goldtraders.or.th/index_en.php

http://www.kitco.com/charts/livegold.html

http://goldprice.org/live-gold-price.html

Ok so whatever the price that gold is trading at on the international markets is directly linked to the gold price we see in the shops. Basically 2 baht is 1 ounce but not exaclty.

So if Gold were being traded at 900US$ an ounce(2 baht), for 1 baht of gold (1/2 ounce 450US$) it would cost you anywhere in the region of 14600-15500, The price variation is to do witht he exchange rate between US$ and Thai Baht.

So say you buy 1 baht for 14600 depending on the quality of the design they will charge you between 300-600baht per baht bought. Once I bought a fair few bahts and they discounted the making charge to about 350 per baht bought. Some designs, necklaces, bracelts, rings are cheaper than others.

When buying gold bars you are only charged a couple of hundren baht maybe less if you buy a lot but you will be chaged something.

You cannnot bargain on the actual price of the gold in weight but you can bargain on the amount they charge for them making it. Sometimes the price of gold is cheaper in China Town so I would go there if I were you and stay away from the shops in MBK. If you want to buy real gold I would only go to one of the big gold shops in China Town. Over new year the price of gold usually goes up.

Here are some good sights for gold watchers out there

http://www.goldtraders.or.th/index_en.php

http://www.kitco.com/charts/livegold.html

http://goldprice.org/live-gold-price.html

Huh I am sure true sports shows all the World cup quali........Check out true sports I am alomost certain they are showing and I watched the England/Croatia game the last time while I think Finland were playing Germany on true sports as well.

Huh I am sure true sports shows all the World cup quali........Check out true sports I am alomost certain they are showing and I watched the England/Croatia game the last time while I think Finland were playing Germany on true sports as well.

Yeah I just read this, I think that French <deleted> Plattini is causing a lot of problems just down to the fact that his country as the shittest league out of the big 5.

Gold is going to stay strong for at least 3months, I very much doubt it will dip to the lows you suggested. However I am sure we will see a huge dip once the banks have sorted themselves out, lending starts up again and there is more confidense in consumer spending. No amount of money throw at this problem is going to sort it out straight away, it will take a good few months. When will this be ? How long is a piece of string

What do you think ?

yes i do!

Yes you do what ????

i think. not always. but quite often.

oh i c, sorry a bit slow there

Gold is going to stay strong for at least 3months, I very much doubt it will dip to the lows you suggested. However I am sure we will see a huge dip once the banks have sorted themselves out, lending starts up again and there is more confidense in consumer spending. No amount of money throw at this problem is going to sort it out straight away, it will take a good few months. When will this be ? How long is a piece of string

What do you think ?

yes i do!

Yes you do what ????

I think they start from 5 and then maybe up to 10 and then 20 etc etc etc. I have only ever bought a 10baht gold bar and was not really aware of there being other weights but I am sure there are

Gold is going to stay strong for at least 3months, I very much doubt it will dip to the lows you suggested. However I am sure we will see a huge dip once the banks have sorted themselves out, lending starts up again and there is more confidense in consumer spending. No amount of money throw at this problem is going to sort it out straight away, it will take a good few months. When will this be ? How long is a piece of string

What do you think ?

No I havent heard anything like that

I would add that If you are buying for investment I think you would be better to buy other precious metals. However you have maybe missed the boat on those too Gold will stay strong for a good few years but will not rise much from its current rate.

Gold is trading within a range now with an downside bias. Definitely it will not maintain current price levels. If we fall below 835 we might see 650 pretty fast and for those who want to buy in they should wait until it breaks to new highs. If anything with gold now then sell what you have considering a buyback later or short it.

hmmmmmmmmmm Gold just hit 920

No you can they are on true sports, I watched Croatia being given a good lesson. Trust me True have got them no worries they will all be shown

Glad to hear it globalj, credit card or any type of fraud can be nasty !

First shut out of the season and we would have to be on the wrong end of it....... The Panthers defense owned us !

Well Tony G on the only bright note hahaha

Brighton?

Close.....Hastings rovers

Seapok what game we had today...wohhhhhhhhhh......wohhhhhhhhhhh. There is just too much to talk about that was perfect. I mean our midfield wow, our fullbacks wow...Ivanovic ??????????????? WOWWWWWWWWWWWW !

Everyone played well and I mean everyone ! WOW WOW WOW WOW WOW

I think we are very very lucky with this break. I expect Alex, Joe Cole and Anelka will take this time out and be ready for the next series of EPL games.

COME ON THE CHELS COME ON BOYS

KEEP THE BLUE FALG FLYING HIGH !

No............. you are sad for starting this post

Guilty as charged

I just wanted to put up a topic that would break the 50 replies mark. I am determined to achieve that even if I have to make half the posts myself !

I also agree with UlyseesG that PeaceBlondie always seems to present balanced, eloquent contributions that are usually well thought out and consistent. It is probably down to being ubiquitous

hahaha Good luck , although this tread us done quite well so I think I am going to have to retract my comment lol

Ive got 159 in just over 30 days, not too bad

CHIEFS HOHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH !

Sheesh, I've got over 5,600 posts, and fewer profile views than someone with zero posts !!

Guess I'm not the most interesting TV Member, by a long shot ! (time to post some nekked pics of my self I guess ! 2,198 pv's when I posted this message.)

And, after a post like that, you are surprised by that fact

(Kerryd, I thought I was sad starting the topic, but you have taken sadness to a new level )

No............. you are sad for starting this post

Closest top league club to where I grew up, try walking around with a manc shirt on and see what happens to you lololol

So you're a scouser then?

How dare you ! I demand you take that back straight away Add liverfool, leeds, scum, spuds, Millwall and spammers shirt to my list then take another guess

Seapok you have outdone yourself on this occasion, great pre-match stats and analysis

What a weird question, no comment !

You seem to think you are the only one who knows anything in the whole of Thailand, why would I even know about the hike in price of some of these metals in the last 8 years and not know how and where they are bought and sold ????????

I guess I will just keep on listening to my GS broker and just keep on making money ...sigh such a hard life !

As you said it may be risky because there is never an official price on these things because they are not actually traded officially on any exchange but hey who said making money was easy and without risk

I was merely opening Zorro1 eyes to other possibilites.

GS broker - are you for real

why not - Henry Paulson was the head of the investment department of GS in 1999 and now he even saves the global financial system from the total collapse, can't you feel it ...

I have been feeling it for quite a while

Naam can speak for himself, but the point to buy physical gold not paper note is a very good one and I speak from personal experience.

Point 2 - don't lump together "precious metals" - they have very little in common.

Never said it wasnt, I just do not like it when people on here misquote you and try to belittle you. Annoys me as it should annoy anyone !