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Thailand News and Discussion Forum | ASEANNOW

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Gold and Silver

Featured Replies

Reading the newschannels, the general tendency is that the main currencies (USD and EUR) will take a famous dip in the near future due to the Corona virus.
All these newschannels advice to change the existing currencies to gold or silver.
I never used gold/silver as a currency and would like to have some answers about it.

1. Is it possible to buy gold/silver at a Bank or is this only possible at a gold/silver shop?

2. I have the equivalent of 800,000 Thai Baht in a Thai bank account in USD for VISA purposes.
   Every year, I get from this bank a statement that I have the required sum in my bank account.

   If I would use this money to buy gold or silver, is it possible to get a statement from the bank that I have the equivalent of 800,000 Thai baht in a bank account in gold/silver?

TIA

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