Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Bangkok Post

Business

Gold speculators rush to Yaowarat

Bangkok Russia Ukraine Chinatown

Long queues formed outside gold shops on Yaowarat Road in Samphanthawong district, Bangkok, on Thursday. (Photos: Arnun Chonmahatrakool)

Queues formed outside gold shops in Yaowarat, Bangkok's Chinatown, on Thursday, as global gold prices rose with the Russian invasion of Ukraine.

Gold prices were adjusted 17 times on Thursday, up 850 baht on Wednesday.

At 3.05pm, the Gold Traders Association announced the buying prices at 29,122.36 baht per baht-weight for gold ornaments and 29,650 baht per baht-weight for gold bullion.

Selling prices were set at 30,250 baht per baht-weight for gold ornaments and 29,750 baht per baht-weight for gold bullion.

Related: Oil tops $100, havens rally, stocks drop as Russia invades Ukraine

The Russia-Ukraine crisis also caused commodities markets to surge, with Brent oil extending above US$100 a barrel for the first time since 2014. Gold jumped as investors scrambled for safe havens, Bloomberg News reported.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Christmas getaway disruption as some flights cancelled due to high winds

Christmas getaway disruption as some flights cancelled due to high winds

The Met Office has announced yellow warnings are expected to remain in place until 9pm on Sunday.

The Independent UK

Programme to tackle gender-based violence only running in third of schools

Programme to tackle gender-based violence only running in third of schools

The Equally Safe at School programme has been adopted at 116 out of 361 state-funded secondary schools.

The Independent UK

Baseball fans mourn death of Rickey Henderson, MLB’s Man of Steal

Baseball fans mourn death of Rickey Henderson, MLB’s Man of Steal

Rickey Henderson was 65.

USA Today Sports Media Group

14-year-old killed in Wisconsin school shooting shared gifts of music and art with many, friends say

14-year-old killed in Wisconsin school shooting shared gifts of music and art with many, friends say

The 14-year old student killed at a Wisconsin Christian school this week is remembered as a talented teenager who shared her gifts of music and art with many

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Mom ‘lied to doctor’s about daughter’s health’ and tried to raise money off her fake conditions

Mom ‘lied to doctor’s about daughter’s health’ and tried to raise money off her fake conditions

Denise Zamora falsely claimed her now-15-year-old daughter had medical conditions which led to treatments she did not need, including having a feeding tube inserted

The Independent UK

At least 38 people killed as bus and truck collide in Brazil

At least 38 people killed as bus and truck collide in Brazil

Further 13 people taken to hospital after vehicle crashed into lorry then burst into flames

The Guardian - UK

Related Stories

Top stories on inkl right now

Christmas getaway disruption as some flights cancelled due to high winds

Christmas getaway disruption as some flights cancelled due to high winds

The Met Office has announced yellow warnings are expected to remain in place until 9pm on Sunday.

The Independent UK

Programme to tackle gender-based violence only running in third of schools

Programme to tackle gender-based violence only running in third of schools

The Equally Safe at School programme has been adopted at 116 out of 361 state-funded secondary schools.

The Independent UK

Baseball fans mourn death of Rickey Henderson, MLB’s Man of Steal

Baseball fans mourn death of Rickey Henderson, MLB’s Man of Steal

Rickey Henderson was 65.

USA Today Sports Media Group

14-year-old killed in Wisconsin school shooting shared gifts of music and art with many, friends say

14-year-old killed in Wisconsin school shooting shared gifts of music and art with many, friends say

The 14-year old student killed at a Wisconsin Christian school this week is remembered as a talented teenager who shared her gifts of music and art with many

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Mom ‘lied to doctor’s about daughter’s health’ and tried to raise money off her fake conditions

Mom ‘lied to doctor’s about daughter’s health’ and tried to raise money off her fake conditions

Denise Zamora falsely claimed her now-15-year-old daughter had medical conditions which led to treatments she did not need, including having a feeding tube inserted

The Independent UK

At least 38 people killed as bus and truck collide in Brazil

At least 38 people killed as bus and truck collide in Brazil

Further 13 people taken to hospital after vehicle crashed into lorry then burst into flames

The Guardian - UK

Our Picks

FDA restricts psychoactive mushroom used in some edibles

The regulator warned food manufacturers that Amanita muscaria – more commonly known as the fly agaric – and the compounds it contains are not authorized to use

The Independent UK

“I go to church every Sunday when I’m home. Especially now I’ve replaced the booze with glue”: From GN’R and Pantera to Ozzy Osbourne and God, Zakk Wylde is the most connected man in rock

It’s Zakk Wylde’s world - we just live in it

My husband and I tried the Scandi Sleep Method and love it — 3 reasons you will too

We avoided a sleep divorce thanks to the Scandinavian Sleep Method, but will it work for you too? Three telltale signs that it will...

45 Years Ago, A Disney Misstep Was A Secret Sci-Fi Masterpiece

The haters were wrong. On its 45th birthday, 'The Black Hole' is just as wonderfully manic as ever. Here's why this flop is actually worth your time.

Black long COVID patients ignored

New research found that those living with long COVID in the U.S. had significantly more anxiety and depression

Jared Leto’s latest ‘iconic’ role leaves fans divided

‘Skeletor was going to make or break this movie,’ said one fan

The Independent UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play