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The baht's 60-day correlation with gold dropped below 0.43, its lowest since November 2023, after Thai authorities moved to curb the link. The baht has slid about 2% since mid-September while gold rose more than 8%.
Reduced baht-gold linkage reflects policy efforts to ease currency gains that hurt exports, a currency-market story with little direct effect on feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.