Photo Courtesy of Tasty Thailand Gold prices surged today as the Gold Traders Association revised rates upwards. This comparison is made to the end prices of August 28, when gold ornaments were selling at 32,500 baht per baht weight. The rise is in contrast to last week’s news, when just eight days ago, demand for gold jewellery in Thailand experienced a drop causing a significant price dip in the market, according to the local gold traders association. Thai people often buy gold as a sort of wearable emergency nest egg. Gold is often seen as a counter-market safety investment.
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