Thailand’s Gold Research Centre advises caution

25 Sept 03:38 Key points summarised by AI

The Gold Research Centre identifies four critical global factors—US Fed policy, Russia-Ukraine conflict, new COVID-19 strain, and US economic data—that are expected to influence gold prices in Thailand this week.
A recent survey reveals divided market sentiment, with only 29% of experts predicting a price increase, while 50% expect stability and 21% foresee a fall, contrasting with 59% of investors anticipating a rise.
Last week, gold bullion prices fluctuated significantly, closing at 31,250 baht per baht weight, marking a 1,000 baht increase from the previous week amidst ongoing market uncertainties.

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.