Gold’s Record Highs May Offer Temporary Support to Baht Amid Potential Weakening
Bangkok: The baht may face further weakening despite its recent strengthening, influenced by record-high gold prices. Kasikorn Research Center’s analysis suggests that while the current surge in gold prices could bolster the baht temporarily, uncertainties and potential interest rate cuts in Thailand may lead to a weaker baht in 2025. According to Thai News Agency, the global demand for gold