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Gold soars past $3,200 as trade war deepens, dollar loses ground

April 12, 2025

Gold blazed past the $3,200 mark on Friday, as a faltering dollar and an escalating US-China trade war stirred recession fears, sending investors flocking to the safety of the yellow metal.

Gold hits record high as US-China trade war intensifies, dollar weakens

April 11, 2025

Gold prices jumped nearly 3% to an all-time high on Thursday, as a drop in the dollar and an escalating trade war between the US and China drove investors towards the safe-haven allure of the precious metal.

Gold rises on weaker dollar, trade war fears after Trump tariffs

WEDNESDAY, MARCH 05, 2025

Gold prices rose on Tuesday, driven by a weaker dollar and heightened safe-haven demand amid escalating trade conflicts following US President Donald Trump's imposition of new tariffs.

Trump says Japan, China cannot keep reducing value of their currencies

WEDNESDAY, MARCH 05, 2025

US President Donald Trump said he told the leaders of Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.

Weakening baht to remain volatile until November-end, say currency analysts

FRIDAY, NOVEMBER 15, 2024

The baht would face short-term volatility until the end of November due to funds flows into the US after Donald Trump won the presidential election, several currency analysts said on Friday.

Defying the dollar: Asean pushes for greater local currency use

FRIDAY, MAY 12, 2023

Asean leaders declared at this week’s summit in Labuan Bajo, East Nusa Tenggara, that member countries should use their own currencies more often in intraregional trade, as the bloc aims to insulate the region from external volatility.

FTI suspects speculation behind baht appreciation, urges close scrutiny by government

WEDNESDAY, FEBRUARY 15, 2023

The Federation of Thai Industries (FTI) has urged the government and relevant agencies to closely monitor the baht amid concerns of foreign money entering the country and being used for speculation and inflating the value of the baht.

Arkhom says rising baht a measure of foreign confidence in Thai economy

THURSDAY, JANUARY 12, 2023

Finance Minister Arkhom Termpittayapaisith says the baht is strengthening against the US dollar thanks to inflows of foreign funds to the Thai stock and bond markets.

Baht weakens against dollar on Friday but experts see upswing ahead

FRIDAY, JANUARY 06, 2023

The baht opened at 34.03 to the US dollar on Friday, weakening from Thursday’s close of 33.87.

Baht steady against dollar but expert warns of year-end volatility

MONDAY, DECEMBER 26, 2022

The baht opened at 34.76 to the US dollar on Monday, weakening slightly from Friday’s close of 34.73.

Baht weakens against dollar as expert warns of volatility from US inflation data

FRIDAY, DECEMBER 23, 2022

The baht opened at 34.85 to the US dollar on Friday, weakening from Thursday’s close of 34.69.

Baht up slightly against dollar but all eyes on Thai export data

THURSDAY, DECEMBER 22, 2022

The baht opened at 34.68 to the US dollar on Thursday, strengthening slightly from Wednesday’s close of 34.70.

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