Jitti Tangsithpakdi, president of Thailand’s Gold Dealers Association, forecasted that gold prices in the country will continue to grow gradually, following a recent gain of 700 baht per 15.16 kilos of gold in the previous few days.
In reaction to the US financial crisis, President Obama declared that investors all around the world had moved to gold. As a result, the latest price hike. As a result of this spike, people are flocking to gold shops in Thailand. According to the president, some people have opted to acquire gold as an alternative investment.
