WELCOME


Photo Decorator
 - Comments Off

Information on Thai Gold


Thailand is famous for its solid gold Buddha statue, worth more than $60 million.


Gold is everywhere in Thailand. Today, shops and brokers sell gold all over Thailand, and many Thais use gold traditionally and for investment.

  1. Information on Thai Goldthumbnail
    History

    • The Chinese called Thailand the peninsula of gold. Buddhists prized gold for decorations and religious icons, and gold was used to cover Buddha statues. The golden Buddha in Wat Trimitr is 5 tons of solid gold.

    Jewelry

    • Today, the export of gold jewelry is the second largest industry in Thailand. Most of the exported jewelry ranges from 10 to 18 karats, while jewelry produced for sale in Thailand is usually 24 karat. Thailand exports the second highest value of jewelry of any nation, but there is also a booming underground market of gold smuggling to avoid taxation. There are few operational gold mines left in Thailand, so the nation imports most of its raw gold, chiefly from Australia.

    Investment

    • In 2009 Thailand opened a gold futures market so individuals and business owners could invest in gold. The Thai futures market allows even the middle class to invest in gold.

    Considerations

    • Thai gold is measured in a unit called baht, where one baht is 15.244 grams of 24 karat gold. The Thai government does random checks on gold shops to check the purity of their wares. According to some estimations, the Thai gold market may have an enormous illicit component, as many gold dealers disguise gold bullion as antiques to avoid government taxes.


7/19/2011 12:35:00 PM | Author: asmadi yusoff

Information on Thai Gold


Thailand is famous for its solid gold Buddha statue, worth more than $60 million.


Gold is everywhere in Thailand. Today, shops and brokers sell gold all over Thailand, and many Thais use gold traditionally and for investment.

  1. Information on Thai Goldthumbnail
    History

    • The Chinese called Thailand the peninsula of gold. Buddhists prized gold for decorations and religious icons, and gold was used to cover Buddha statues. The golden Buddha in Wat Trimitr is 5 tons of solid gold.

    Jewelry

    • Today, the export of gold jewelry is the second largest industry in Thailand. Most of the exported jewelry ranges from 10 to 18 karats, while jewelry produced for sale in Thailand is usually 24 karat. Thailand exports the second highest value of jewelry of any nation, but there is also a booming underground market of gold smuggling to avoid taxation. There are few operational gold mines left in Thailand, so the nation imports most of its raw gold, chiefly from Australia.

    Investment

    • In 2009 Thailand opened a gold futures market so individuals and business owners could invest in gold. The Thai futures market allows even the middle class to invest in gold.

    Considerations

    • Thai gold is measured in a unit called baht, where one baht is 15.244 grams of 24 karat gold. The Thai government does random checks on gold shops to check the purity of their wares. According to some estimations, the Thai gold market may have an enormous illicit component, as many gold dealers disguise gold bullion as antiques to avoid government taxes.

|
This entry was posted on 7/19/2011 12:35:00 PM and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

EMAS HARTAMU


Marquee Text Generator
Public Gold Pelaburan Terbaik 2020

CAWANGAN PUBLIC GOLD


Main Office:12E First Floor, Jalan Rumbia,
11900 Bukit Jambul, Penang, Malaysia.
E 101° 42’ 34.6” N 3° 9’ 22.1”


Bishop Branch:No.84, Lebuh Bishop,
10200 Penang, Malaysia.
E 100° 17’ 18” N 5° 19’ 54”


Sunway Branch:42A, Jalan PJS 8/6 (Third Floor),
Mentari Business Park, Bandar Sunway,
46150 Petaling Jaya, Selangor.
E 101° 36’ 40.7” N 3° 4’ 34.6”


Sunway Seminar Hall:16-1A, Jalan PJS 8/6,
Sunway Mentari Plaza,
46150 Petaling Jaya,
Selangor Darul Ehsan.


Ipoh Branch:No.45, 45A & 45B, Jalan Yang Kalsom,
30250 Ipoh, Perak.
E 101° 5’ 6” N 4° 35’ 35”


Kelantan Branch:Tingkat 1, Lot 257, Jalan Kebun Sultan,
15000 Kota Bharu, Kelantan Darul Naim.
E 102°14’35.4” N 6°7’50.4”


SP Branch:No. 86B, 1st Floor,
Jalan Pengkalan,Taman Pekan Baru,
08000 Sungai Petani, Kedah.
E 100°28’58” N 5°38’21”


JB Branch:45A&B, Jalan Persisiran Perling,
Taman Perling,
81200 Johor Bahru, Johor.


Kuantan Branch:A-6624 1st and 2nd floor, Jalan Beserah
25250 Kuantan, Pahang.


Kuala Terengganu Branch:16A, 1st & 2nd Floor, Jalan Sultan Ismail
20200 Kuala Terengganu, Terengganu.
E 103°7’47” N 5°19’44”


Kuching Branch:3rd floor, Lots 456 & 457,
Al-ldrus Commercial Centre,
Jalan Satok, 93400 Kuching, Sarawak.


Telephone:
Main Office:+604-644 9999
Bishop Branch:+604-261 9999
Sunway Branch:+603-5634 8999
Ipoh Branch:+605-242 8999
Kelantan Branch:+609-746 2999
SP Branch:+604-423 2999
JB Branch:+607-235 8999
Kuantan Branch:+609-567 8916
Kuala Terengganu Branch:+609-626 3999
Kuching Branch:+6082-259 916,
+6082-252 916
[Most Recent Quotes from www.kitco.com]

PUBLIC JEWELLERY

PUBLIC JEWELLERY

GOLD N SILVER

GOLD N SILVER

goldbar of public gold

goldbar of public gold

i

dinar of publicgold

dinar of publicgold

PUBLIC GOLD

PUBLIC GOLD

About

© Golden EMPIRE. Converted by Smashing Blogger for LiteThemes.com.
CyberChimps
Design Downloaded from free Blogger templates | free website templates | seodesign.us