# Baht nears 31 per US$ as gold rally and Fed-cut bets push currency to 4-year high

> The baht reached an intraday peak of 31.02 per dollar, its strongest level since March 2021. Record gold prices and expectations of further US Federal Reserve rate cuts weakened the dollar. Position unwinding also added dollar selling.

- Date: 2025-12-25 · published 2025-12-25T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/21807-baht-nears-31-per-us-as-gold-rally-and-fed-cut-bets-push-currency-to-4-year-high
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A rising baht makes Thai rice and other exports more expensive on world markets, which can support Asian export prices. Renewed Fed easing would add further weakness to the dollar.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/blogs/business/banking-finance/40060296

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.