YLG touts safe-haven precious metal as risks escalateYLG says for 2-3 years, persistent economic headwinds are expected to continue driving safe-haven demand. Adding to the rally, the baht weakened from 31 to 31.40 per dollar, amplifying gains in domestic gold prices beyond moves in the global market. Ms Tipa predicts an additional 10-15% upside, supported by geopolitical risk, currency volatility and financial system fragility. This preference underscores lingering concerns about counterparty risk and potential access disruptions during volatile periods, said Ms Tipa. "If you sell too early, buying back may be difficult as prices trend higher," said Ms Tipa.

Source: Bangkok Post March 04, 2026 10:49 UTC