Loading... Please wait



Gold Trading and Consumption in CLMV

Gold is a popular saving option among people of every income level, especially during a time of economic and political uncertainty. Inflation is also one of many factors prompting gold saving. At present, the global average inflation rate is at 10.95%. With an inflation rate of 741%, Venezuela remains the country with the highest inflation rate in the world. Among all ASEAN countries, Myanmar is the country with the highest inflation rate of 9.94%. Such unstable situations pose possible risks of cash devaluation. Today’s cash of 100 baht may worth 95 baht on the next day. Possessing gold, gold articles or gold ingots, is one of many choices in maintaining wealth level, which is able to reach people of every income level. The choice also holds low risk of value loss.  However, not every country allows liberal gold import and export as gold can effect currency value fluctuation. Therefore, CLMV countries such as Vietnam and Myanmar have to restrict import of gold to be done exclusively by governmental agencies.

Thailand Gem and Jewelry Export Performance (Jan-Jun, 2017)

Thailand’s gem and jewelry export value from January to June 2017 shrank by 22.99 percent to USD 6,294.53 million. The export value earned in the first half of 2016 was USD 8,173.91 million. Gem and jewelry was the third most significant export product with a 5.54 percent share of Thailand’s gross export. The continued drop in the export value was due to a 40.91 percent decline in unwrought gold export value, which accounted for an approximate 43 percent share. Excluding unwrought gold, the actual export value of gem and jewelry was USD 3,602.21 million, a 0.43 percent decline from the same period of the previous year.

Thailand Colored Stone Industry Review 2016

In 2016, Thailand’s export of colored stone was the fourth largest export product under the gem and jewelry category. With the export value of USD 1,066.77 million, its export accounted for a 7.49 percent share of the gross export value. Despite a 2.41 percent growth from the previous year, the growth rate was lower than that of years before due to the vulnerable recovery of the global economy.



Gold loses its shine in India amid crackdown

Rising gold prices and government measures to enforce compliance in the Indian jewelry industry are deadening demand in the world’s second-largest bullion market at the start of the traditional festival season when buying usually explodes.

Govt 'close to agreement' to reopen gold mine

Negotiations to end the conflict between the Thai government and Australian gold mining conglomerate Akara Resources are progressing well, with the possibility that the company's closed mine in Phichit will reopen.

All a-glitter gold, diamonds, sapphires and rubies are all set to mesmerise visitors to next week's bangkok gems and jewelry fair

The 60th edition of the Bangkok Gems and Jewelry Fair gets underway next week with this year's highlight certain to be the showcase of jewelry designed by Her Royal Highness Princess Sirivannavari Nariratana.


<   September 2017   >
Mo Tu We Th Fr Sa Su
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30  

Name 11th JAS 2017

Location JECC, Sitapura, Jaipur, Rajasthan, India

Date 01/09/2017 To 04/09/2017


Name International Jewellery London

Location Olympia, London, United Kingdom

Date 03/09/2017 To 05/09/2017


Name 60th Bangkok Gems & jewelry Fair

Location IMPACT Meung Thong Thani, Thailand

Date 07/09/2017 To 11/09/2017


Name Couture

Location Hotel Taj Palace, New Delhi, India

Date 09/09/2017 To 11/09/2017


Name Hong Kong Jewellery & Gem Fair

Location AWE (Airport) Fine Gem Pavilion, Hall 9, Stand G25, Hong Kong

Date 13/09/2017 To 17/09/2017


Name September Hong Kong Jewellery & Gem Fair

Location Hong Kong Convention & Exhibition Centre (HKCEC), Hong Kong

Date 15/09/2017 To 19/09/2017