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FOUND: Local gold demand seen as muted | Mind Blowing Facts

Gold World Gold Council Thailand

Naylor: Thai demand resilient in 2022

Gold demand in Thailand is likely to pull back this year after rising 3% in 2022 as consumers are concerned about a global economic slowdown, according to the World Gold Council.

The council's latest Gold Demand Trends report found overall gold demand in Thailand surged to 37.9 tonnes last year, with the fourth quarter tallying a 9% year-on-year increase to 13.5 tonnes from 12.4 tonnes in 2021.

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