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Tuesday, 8th March 2005 (4199 views)

Gold purchases are set to become popular as an alternative investment channel for Thai people, according to latest findings from the Kasikorn Research Centre (KRC).<br/><br/>The thinktank has claimed that purchasing gold is seen as one of the conventional saving approaches in Thai society and is conducted directly by buyers and sellers, according to TNA.<br/><br/>Findings have indicated that the majority of people involved in the gold purchases are individual people who prefer to buy gold ornaments including necklaces and earrings.<br/><br/>In addition, people tend to buy gold for themselves or as gifts in different festivals.<br/><br/>KRC said people feel gold purchases are seen as a safe saving channel since trading prices are revealed every day.<br/><br/>It is also thought gold prices on the world market will be a key factor encouraging gold purchases as an alternative saving option amongst Thai people.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7976204"/>

 

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