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Thailand’s gold trading volume rose 18% year on year in 2023
Pawan attributed the increase in gold trading in Thailand to the following factors:
▪︎ Political and economic uncertainty
In the past few years, Thailand has experienced a number of political and economic challenges, which have led investors to seek safe haven investments, such as gold.
▪︎ Inflation
Inflation has been rising in Thailand in recent years, which has also led investors to seek out investments that can help protect their wealth.
▪︎ Traditional investment preferences
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