Bangkok's bargain hunters snap up Low-Cost gold | Bangkok Post: news

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Bangkok's bargain hunters snap up Low-Cost gold

Traders in Chinatown have been overwhelmed by demand for the precious metal after its price slumped by more than 10% in just two days earlier this month

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Despite its price falling more than 10% in just two days earlier this month, demand for gold in Bangkok is on the up, as small-scale investors clamour to snap up a bargain. 

GOLDEN OPPORTUNITIES: Buyers flock to a gold shop on Yaowarat Road after gold prices continued to fall last week.

What started as panic selling, is now panic buying, Chollathis Nualplab, research manager at Hua Seng Heng Future Co Ltd, one of the leading gold companies in Bangkok's Chinatown.

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