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Strategists warn that the Thai baht's gold-driven rally, which lifted it about 1.2% against the dollar this year, will not be enough to protect it. Tariff risks and interest-rate cuts are expected to weigh on the currency.
Thailand's role as a gold-trading hub has supported the baht as gold hit record highs.
A weaker baht would raise the local cost of dollar-denominated feed ingredients imported into Thailand. The impact is modest and mainly affects importers.
bloomberg.comMarcus WongMar 11, 2025Not 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.
