Thais sell off gold for cash as price reaches new high

Thais sell off gold for cash as price reaches new high

13 Sept 07:16 Key points summarised by AI

Thais are actively selling gold for cash in Bangkok, as gold prices reach unprecedented highs, primarily driven by global market instability stemming from the Russia-Ukraine conflict.
Gold bullion prices surged to 31,850 baht (buying) and 31,950 baht (selling), with predictions of further increases if the conflict persists, though market experts anticipate future volatility and potential price drops upon resolution.

New home loan scheme aims to boost property sector with Bt125 billion

New home loan scheme aims to boost property sector with Bt125 billion

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.

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