HeijoshinCool Posted October 21, 2021 Share Posted October 21, 2021 . Are gold shops regulated as far as pricing, or can they charge/pay what they choose per baht? Link to comment Share on other sites More sharing options...
Popular Post CharlieH Posted October 21, 2021 Popular Post Share Posted October 21, 2021 I dont "know" , but believe they are and operate at the posted rate daily. I have never seen a variation by weight but only by design. 3 Link to comment Share on other sites More sharing options...
Will B Good Posted October 21, 2021 Share Posted October 21, 2021 2 minutes ago, CharlieH said: I dont "know" , but believe they are and operate at the posted rate daily. I have never seen a variation by weight but only by design. I suppose in one respect it ensures a regulated market......or.......a massive price fixing cartel. But I would agree, they are pretty much bound by the published daily rates. 1 Link to comment Share on other sites More sharing options...
Popular Post PoorSucker Posted October 21, 2021 Popular Post Share Posted October 21, 2021 It's regulated. Shops can only charge for work Just now, Will B Good said: a massive price fixing cartel. Ever noticed that all gold shops are owned by a certain faction of Chinese-Thai 3 1 Link to comment Share on other sites More sharing options...
HeijoshinCool Posted October 21, 2021 Author Share Posted October 21, 2021 . Thanks, guys. That means I don't have to shop around beyond finding someone with a good attitude. Only interested in those tiny bullion bars. Ever been any instances of fraud in those? Link to comment Share on other sites More sharing options...
JustAnotherHun Posted October 21, 2021 Share Posted October 21, 2021 They are regulated as far as regulations count in Thailand Link to comment Share on other sites More sharing options...
PoorSucker Posted October 21, 2021 Share Posted October 21, 2021 4 minutes ago, HeijoshinCool said: . Only interested in those tiny bullion bars. All bars are closed. ☹️ 1 Link to comment Share on other sites More sharing options...
HeijoshinCool Posted October 21, 2021 Author Share Posted October 21, 2021 13 minutes ago, PoorSucker said: All bars are closed. ☹️ . No, not chrome poles, gold bars. 1 Link to comment Share on other sites More sharing options...
ballpoint Posted October 21, 2021 Share Posted October 21, 2021 Aurora have shops all over Thailand. They sell their own standard baht weight bars, which are easy to sell at any branch, or you can buy them online. The current buying and selling prices are displayed on their website. https://www.aurora.co.th/ 1 Link to comment Share on other sites More sharing options...
HeijoshinCool Posted October 21, 2021 Author Share Posted October 21, 2021 14 minutes ago, ballpoint said: Aurora have shops all over Thailand. They sell their own standard baht weight bars, which are easy to sell at any branch, or you can buy them online. The current buying and selling prices are displayed on their website. https://www.aurora.co.th/ . Thanks much. So I use a credit card to buy online and they ship to my house, insured? Can I resell them anywhere but Aurora? I take it Thai people would be very familiar with the bars and would not hesitate to trust them? Link to comment Share on other sites More sharing options...
ballpoint Posted October 21, 2021 Share Posted October 21, 2021 2 hours ago, HeijoshinCool said: . Thanks much. So I use a credit card to buy online and they ship to my house, insured? Can I resell them anywhere but Aurora? I take it Thai people would be very familiar with the bars and would not hesitate to trust them? I've never tried selling one anywhere else, as there are a few Aurora shops even where I live up country, but I'd imagine it's similar to selling jewellery at any gold shop. I've bought all mine directly from the shop as well, (which, when paid using cash, leaves no record of how much you accumulate, if you're of a suspicious nature), but their website says that shipments are insured. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted October 22, 2021 Share Posted October 22, 2021 16 hours ago, HeijoshinCool said: . Thanks much. So I use a credit card to buy online and they ship to my house, insured? Can I resell them anywhere but Aurora? I take it Thai people would be very familiar with the bars and would not hesitate to trust them? I bought a gold bar 10 baht this week. I used a debit card but had to pay 3% for the privelege, but get this in crypto cashback. I buy from one shop that has a few branches in town, selling us easier and a better price. Link to comment Share on other sites More sharing options...
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