Cost Of Gold

[mike123ca]

Hi

The wife and I are living in Korea now. I promised to buy her a necklace. My gut feeling is that it could be purchased at a better price when we go back to Thailand. I would like to know what is the cost for a baht of gold.

[sweetchariot]

Up to about 14,000 now. Don't you wish you had 20/20 hindsight?

[siamesekitty]

Changes every day

Gold Traders Association of Thailand (in English)

Gold Traders Association of Thailand (in Thai) - the Thai version shows historical prices, as well as details

Edited January 27, 2008 by siamesekitty

[threelegcowboy]

My advice would be to wait and buy in Thailand as you can resell later if needed. The price of gold should go up in long term. Buy ASAP.

[apetley]

One of the few times I should have spent more on wifeys dowry!

Back in 2003 when we got married I think gold was 8000 Bht.

Thats a 75% increase in about 4 and a half years.

[bendix]

Gold's rise hasnt been that spectacular. 75% in four and a half years sounds a lot but break down the figures and it's less than 13% compounded annually. I dont have the figures in front of me but i'd hazard a guess that both shares and property have performed significantly better over the same period.

[Blinky Bill]

International price of gold just hit US$910 an ounce for gold bouillon.

[vreemd13]

What goes up, has to go down.

Just wait