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Thailand Central Bank Governor says cap in gold trading will take effect in March

Newsquawk Staff ·

Thailand Central Bank Governor says cap in gold trading will take effect in March.

What it means

The Thailand Central Bank Governor's announcement about a cap on gold trading is significant, as it signals a regulatory shift that could impact market liquidity and trading strategies in the gold market. Traders should be prepared for potential volatility in gold prices as this new rule could affect supply and demand dynamics, especially as the implementation date approaches in March. Monitoring related assets and flows may offer insight into how traders adjust their positions ahead of this change.

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