30.9 C
Bangkok
Thursday, May 2, 2024

How to buy gold in Thailand – from bracelets to baht

Jett Gunther visits Bangkok’s Chinatown and discusses why you should buy gold in Thailand, and how.

Bangkok is home to one of the largest Chinatowns in the world, and the Chinese love gold! Not only is gold highly regarded as a sacred metal, gold has held its value for thousands of years! In the past 20 years alone, the price of gold has gone up almost 500%! Gold is also a great diversifier to your stock portfolio. Compared to the stock market, gold tends to just do its own thing. Even when stocks crash, gold is often not affected.

Thai gold is 96.5%, which is a little over 23 karat. This is considered very high by international standards. In other countries, it’s common to find purities as low as 18K, 14K or even 9K.

Love it or hate it, Thai gold comes in this distinctly bright, almost “cartoonish” yellow, while gold in other countries are much darker.

One of the best things…

Read more…

Latest Articles