The market is focused on Friday's meeting between Thai gold traders and the central bank, as the industry pushes for alternative measures to relieve pressure on the baht. Major traders and the Gold Traders Association plan to discuss efforts to mitigate the impact of the proposed controls, which include the imposition of a specific business tax on online gold trading. Ms Pawan warned overly strict measures or new taxes could push activity towards illegal gold traders, recalling past crackdowns on underground gold trading fairs. During periods of heightened volatility, daily gold trading has spiked to as high as 255 billion baht. The industry also believes strict controls could significantly hurt Thailand's gold trading business, Mr Kritcharat noted.

Source: Bangkok Post December 25, 2025 00:21 UTC