Thai gold-trading curbs take effect as authorities try to restrain baht

By Suttinee (Ying) Yuvejwattana and Matthew Burgess Bloomberg News via The Business Times, Singapore Saturday, February 28, 2026 Thailand will implement tough new rules governing retail gold-trading from Sunday, March 1, hoping to curb speculative activity that has fueled gains in the baht and weakened the nation's competitiveness. Individuals' online, baht-denominated gold transactions will be subject to a daily limit of 50 million baht (Singapore $2 million) per person per platform, according to the Bank of Thailand's website. The rules exempt U.S. dollar-denominated trades, physical gold shop dealing, and futures markets. ... Dispatch continues below ... ... ADVERTISEMENT ... Fisher Precious Metals offers great prices with personal service from a family team Family-owned and operated Fisher Precious Metals is a great low-cost source for precious metals -- coins, rounds, and bars. But we also get you the highest prices available when you sell your precious metals.   Expect a personal approach with Fisher Precious Metals. You can always speak directly with the owners within 24 hours if not immediately. We provide you a team you can get to know and call at any time to discuss your investments with no pressure to buy. Check our Google reviews to see what our clients have to say: https://g.page/FisherPreciousMetals?share Contact us at 1-800-390-8576 or [email protected] or visit us here: https://fisherpreciousmetals.com/ In addition, the central bank is requiring full, upfront electronic payments for any transactions. It is also banning nominee accounts and short selling, arguing that the changes will boost transparency and market standards. The move underscores growing concern within the central bank that large, baht-denominated gold trades have amplified the currency's strength. ... ... For the remainder of the report: https://www.businesstimes.com.sg/international/asean/thai-gold-trading-curbs-take-effect-authorities-rein-baht * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png