
Consumer demand for gold in Thailand fell 54% year-on-year to 3.8 tonnes in the first quarter, from 8.3 tonnes in the first quarter of 2021, as high prices weighed on sentiment, according to the World Gold Council (WGC).
The weak performance in the Thai consumer market contrasted with the overall positive trend for gold investment worldwide, the WGC said in its latest Gold Demand Trends report.