TWO Laotian men have been arrested in their country on charges of mounting a brazen robbery of a gold shop in Chiang Rai on the Thai side of the border making off with 184 baht weight of gold ornaments before fleeing across the Mekong river back to their homeland earlier this month, Naewna newspaper
Tag: Gold
Thai-US trade talks irrelevant to Cobra Gold military exercise: PM
By Thai Newsroom Reporters PRIME MINISTER Anutin Charnvirakul today (Aug.14) categorically denied that bilateral trade relations between the United States and Thailand would ultimately have anything to do with the Cobra Gold military exercise between the two allied countries. Anutin was apparently responding to unconfirmed speculation that the annual military exercise jointly hosted by
Read moreThailand not linking Cobra Gold 2027 war games to US tariff cuts: Ministry
THE THAI Defence Ministry denied that Thailand is using the holding of Cobra Gold 2027 military exercise to wrestle tariff reduction from the US with the war games being held as planned while still studying letting US set up a drone manufacturing plant here, TV Channel 7 said this afternoon (Aug. 13). RADM Surasan
Read more100,000-baht reward offered for tip leading to capture of Laotian gold shop robbers
THAI police set a 100,000-baht reward for information leading to the arrest of two Laotian robbers who stole around 13-million-baht worth of ornaments from a gold shop in Chiang Khong district of Chiang Rai province last evening (Aug. 4) and fled across the border to their homeland, Amarin TV said this evening. The ornaments
Read moreJustice Minister sceptical over Pawoot’s cash profit without decimal points from trading gold online
By Thai Newsroom Reporters JUSTICE MINISTER Rutthapol Naowarat today (June 23) expressed his personal scepticism that a sum of 28 million baht in cash earlier supposedly earned by People’s MP Pawoot Pongvitayapanu from trading gold online may have carried no decimal points at all. The Bhumjaithai-attached justice minister was responding to Pawoot’s statement earlier
Read more2 Chinese men rob gold shop after running out of money while holidaying in Thailand
TWO young Chinese men who spent all their money while holidaying in Thailand were caught in Bangkok last evening (April 27) after robbing a gold shop in Nakhon Ratchasima (Korat), PPTVHD36 said today. The two suspects, identified as Mr. Zhou Qintao, 27, from Guangdong province, and Mr. Song Haolong, 19, from Sichuan province, were
Read moreThai central bank flags gold trade curbs, plays down impact of US monitoring list
By Reuters and published by CNA THAILAND’S new rules to curb online gold trading were designed to help weaken the baht, the country’s central bank said on Friday (Jan. 30) as it downplayed any impact from the United States adding Thailand to its currency manipulation monitoring list. The central bank has blamed gold trading
Read moreThailand to strengthen controls on gold trading to curb baht rise, central bank chief says
By Reuters and published by CNA THAILAND will impose controls on gold trading as it bids to tackle its overvalued baht currency and ease pressures on economic growth, central bank governor Vitai Ratanakorn said on Wednesday (Jan. 28). The baht has gained about 1.5 percent against the dollar so far this year after a
Read moreThai gold traders with at least 10 billion baht in annual transactions must report to central bank
By Reuters and published by CNA THAI gold traders with average annual transactions of at least 10 billion baht ($320.72 million) over the past five years must report their activities to the central bank, according to the official Royal Gazette. They also need to keep transaction records for at least three years, it said
Read moreOfficials chase illegal gold mining gang in reserved forest
OFFICIALS of Thong Pha Phum National Park in Kanchanaburi province together with soldiers and Border Patrol Police moved in on a gang of 15 to 20 illegal gold miners as they were digging and panning on top of a mountain but managed to arrest only one suspect after chasing them through the thick forest,
Read moreHunt for southern insurgents who robbed gold shop
A BIG group of southern insurgents mounted a well-organised robbery of a gold shop at a shopping mall in Su-ngai Kolok district, Narathiwat province, last evening (Oct. 5) and made off with at least 500 baht weight of gold ornaments, Amarin TV said this morning. There was an exchange of gunfire with police before
Read moreYoung teacher nabbed while robbing a gold shop
A YOUNG contract teacher who said he was not earning enough to make ends meet snatched almost a million baht worth of gold ornaments from a shop in Ubon Ratchathani province but the brave saleswoman grabbed his legs as he was attempting to flee and called for help leading to his arrest, Amarin TV
Read morePrice of imitation gold jewellery climbs as real gold price skyrockets
WITH the selling price of 96.5% real gold jewellery reaching 53,500 baht a baht weight this morning (Apr. 26) a shop in Nonthaburi too has increased the price of imitation gold jewellery by 50 baht, TV Channel 7 said. As of 9.04 a.m. this morning the Thai Gold Traders Association set the selling price
Read moreDomestic gold price drops 950 baht as Middle East tensions ease
By Thai Newsroom Reporters and Reuters – published by CNA GOLD PRICE plunged globally as Middle East tensions eased with the domestic selling price of 96.5% gold ornaments dropping 950 baht to 40,950 baht a baht weight over the previous day’s close. In its fifth announcement at 10.41 a.m. today the Gold Traders Association
Read moreLocal oil and gold prices set to rise as Songkran festival ends
WITH GLOBAL oil prices still rising while gold prices have been volatile amid growing chaos in the Middle East it is expected that the local prices of both will soar after Songkran festival ends tomorrow (Apr. 17), TV Channel 7 said this morning. Thai investors are continuously buying gold leading to major local gold
Read moreDomestic gold price adjusted 32 times today, likely to reach 42,500 baht
WITH THE domestic gold price fluctuating wildly through 32 adjustments today (Apr. 8) that led to the selling price of 96.5% gold ornaments finally closing at an all time of 41,150 baht a baht weight, up 400 baht from the previous day, an expert expects gold bars to rise to 42,500 baht, Matichon newspaper
Read moreGold zooms with price up 450 baht now exceeding 40,000 baht
Updated report by Thai Newsroom and Reuters – published by Yahoo!News DOMESTIC GOLD price surged to a new record high this morning (Apr. 3) with 96.5% gold ornaments being sold at 40,200 baht a baht weight, up 450 baht from the previous day. In its third announcement at 11.04 a.m. the Gold Traders Association
Read moreGold rises to all-time high with ornament price reaching 39,050 baht
By Matichon and ThaiNewsroom.com THE domestic selling price of one-baht weight 96.5% gold ornaments soared by 600 baht today (Mar. 29) reaching 39,050 baht at noon after edging up 50 baht from morning opening at 39,000 baht with this being an all-time high. At its second announcement at 12.13 p.m. the Gold Traders Association
Read moreYaowaraj gold shops packed with traders as price soars 800 baht
By Amarin TV and Thai Newsroom THERE WAS a big rush to Yaowaraj gold shops today (Mar. 21) after the domestic selling price of 96.5% one-baht weight gold bars soared by 800 baht reaching 37,650 baht while the buying price hit 37,550 baht with this being an all time high, Amarin TV said this
Read moreKorat gold shops quiet amid sluggish demand this Chinese New Year
DESPITE CHINESE New Year usually heralding a bounce in trade of gold jewellery with people buying precious ornaments for their loved ones, this time round demand is low in Nakhon Ratchasima, or Korat, leading to gold shops remaining rather quiet, INN News said today (Jan. 21). At this northeastern city’s economic centre stretching along
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