In an uncertain world, gold is a comfortListen to this articlePeople queue outside Hua Seng Heng's Yaowarat Road branch on Jan 29 as gold hit another new high hovering above 81,000 baht per one baht of gold bullion before gradually sliding down to around 75,000 baht per unit as of Wednesday. Under the gold standard, the money supply is tied to a country's gold reserves, as people can exchange paper currency for physical gold. Under a strict gold standard, world economic growth would therefore be constrained to the same rate. Let me return to the title: "In a world of uncertainty, gold provides comfort." There is therefore a strong possibility that gold prices may rise further in the short term, as global uncertainties persist.

Source: Bangkok Post February 05, 2026 00:06 UTC