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Analysts predict baht to hit 30 to the dollar
Bangkok Post
|December 24, 2025
High correlation with gold prices
The baht could potentially appreciate to test 30 to the dollar in the near term amid a sharp rise in international gold prices to a new record high and broad weakness for the US dollar, say analysts.
Gold soared to a new high, approaching US$4,500 an ounce yesterday driven by broad US dollar weakness, intensifying geopolitics amid US-Venezuela tensions and strong buying from central banks.
Surging gold prices have driven the baht to appreciate to a 4.5-year high of 31.10-31.12 to the greenback, as the dollar index extended its losses for the second successive session to 98.10 in early Asian trading hours.
Diese Geschichte stammt aus der December 24, 2025-Ausgabe von Bangkok Post.
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