Thai gold traders with at least B10bn in annual transactions must report to central bankListen to this articleTraders queue at a gold shop in Yaowarat, Bangkok's Chinatown, Thailand, on Monday. (Photo: Pattarapong Chatpattarasill)Thai gold traders with average annual transactions of at least 10 billion baht (US$320.72 million) over the past five years must report their activities to the central bank, according to the official Royal Gazette. Bank of Thailand (BoT) Governor Vitai Ratanakorn said earlier that Thailand would also introduce a cap on gold trading this week, with daily volumes through online platforms likely be capped at 50 million baht or 100 million baht. On Tuesday morning, gold prices in Thailand fell 100 baht from the previous day. The buying and selling prices were 74,600 and 74,700 baht for bullion, and 73,101.52 and 75,500 baht for gold ornaments.
