How Much Does 1 Baht Of Gold Weigh ?

[britmaveric]

^well I would not sell mine - worth more than dosh.

[james24]

Out of interest, can you buy gold bars here...?

I know nothing about ogld but investing in it, would you not be better buying a bar rather thna something that has been designed as that may be more difficult to sell....???

[tropo]

Out of interest, can you buy gold bars here...?

I know nothing about ogld but investing in it, would you not be better buying a bar rather thna something that has been designed as that may be more difficult to sell....???

Gold jewelry is just as easy to sell and prefered by Thais for gold investment.

[cloudhopper]

Out of interest, can you buy gold bars here...?

I know nothing about ogld but investing in it, would you not be better buying a bar rather thna something that has been designed as that may be more difficult to sell....???

If here is Thailand, yes you can at the bigger shops. 965 bars are available in 1,2,3,5,10,25 and 100 Baht weights and have the smallest premium over spot compared with jewelry but both forms are extremely liquid here in LOS.

[james24]

what about selling thia gold bars back in say Spain or Uk...?

Is that easy to do...? Do you make much money...?

[tropo]

what about selling thia gold bars back in say Spain or Uk...?

Is that easy to do...? Do you make much money...?

Gold is gold. It has the same value in every country.

[cloudhopper]

Gold is gold. It has the same value in every country.

Not always the same liquidity though. 965 is much easier to trade than 999 here in LOS and the reverse is also true.

[james24]

wow that is really interesting but very obvious.

Im sure I heard of people buying gold and selling it in Uk for more. Im guessing thats with jewelry right...?

[tropo]

Gold is gold. It has the same value in every country.

Not always the same liquidity though. 965 is much easier to trade than 999 here in LOS and the reverse is also true.

I think you'll find they're both equally easy to trade in Thailand.

Gold is not as easy to trade in many Western nations because it is considered the same as cash and transactions much be reported. There is also limits on how much you can carry through customs.