PRECIOUS METALS | Thailand to Enforce New Gold Trading Regulations to Curb Speculation

Thailand is set to introduce stringent regulations on retail gold trading starting March 1. Bloomberg posted on X, the move aims to reduce speculative activities that have contributed to the strengthening of the baht, impacting the country's competitive edge. The new rules are part of broader efforts to stabilize the currency and enhance economic stability. Authorities hope that by curbing speculative trading, they can mitigate the adverse effects on the nation's economy and improve its global competitiveness.