Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

YOU WONT BELIEVE: Thai gold demand sinks | Mind Blowing Facts

YLG gold bars on display. Gold buyers in Thailand tend to be price-sensitive, according to the World Gold Council.

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.