As Thai gold prices continue to surge, approaching 50,000 baht per baht weight, foreigners may wonder whether purchasing gold as a gesture of appreciation is still a wise choice. On March 20, Thai ...

"Thai investors view gold both as a means of value protection and for long-term returns, as bar and coin investment in Thailand remains particularly robust," said Mr Fan.

Thailand’s currency has received a boost this year from a rally in gold prices. But strategists warn that won’t be enough to protect it as tariff risks and interest-rate cuts start to bite.