snoop1130 Posted March 9, 2022 Share Posted March 9, 2022 People in Thailand’s capital queued up this morning (Wednesday) at gold shops along the Yaowarat Road, widely known as Bangkok’s Chinatown, to sell their gold for cash, because gold prices continue to reach new heights as the Russia-Ukraine conflict affects global oil and gold prices. At 12.56pm today, the buying price of gold bullion increased to 31,850 baht and was selling at 31,950 baht, according to the Gold Traders Association. The gold adornment buying price increased to 31,275.08 baht and the selling price reached 32,450 baht. The Gold Traders Association predicted that gold prices would increase to 32,000-33,000 baht if the Russia-Ukraine conflict continues. Keep up to date with all things Thailand - Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe Full Story: https://www.thaipbsworld.com/thais-sell-off-gold-for-cash-as-price-reaches-new-high/ -- © Copyright Thai PBS 2022-03-09 - Aetna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. - Follow ASEAN NOW on LINE for breaking COVID-19 updates 2 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted March 9, 2022 Popular Post Share Posted March 9, 2022 Many of the smaller gold shops I suspect will be finding excuses not to buy, regards worgeordie 3 Link to comment Share on other sites More sharing options...
edwinchester Posted March 9, 2022 Share Posted March 9, 2022 11 hours ago, worgeordie said: Many of the smaller gold shops I suspect will be finding excuses not to buy, regards worgeordie Exactly, many shops had signs up yesterday saying they had no money to buy. Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted March 9, 2022 Popular Post Share Posted March 9, 2022 Maybe the Russians will be forced to unload their stash to continue the "Special military operation" "aka" genocide who knows what volatility awaits???? 5 Link to comment Share on other sites More sharing options...
vandeventer Posted March 10, 2022 Share Posted March 10, 2022 56 minutes ago, edwinchester said: Exactly, many shops had signs up yesterday saying they had no money to buy. That's why it's best to have your gold or silver stored at a mint. Link to comment Share on other sites More sharing options...
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