# Surge in gold exports to limit weakening of baht: analyst - Jobs, Economy, Banking, Business, Investments - ASEAN NOW

> The baht traded at 31.65 per dollar on February 25 after closing at 31.69 the prior day. Gold exports rose strongly in January, helping Thai exports return to 3.35 percent growth after six months of contraction, while investors sold Thai stocks on Covid-19 fears.

- Date: 2020-02-25 · published 2020-02-25T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/54844-surge-in-gold-exports-to-limit-weakening-of-baht-analyst-jobs-economy-banking
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Stronger exports and gold flows support the baht, while equity outflows weigh on it, leaving feed-relevant price effects negligible. The story is mainly currency commentary.

## Read by commodity

- USDTHB: neutral

## Sources

- aseannow.com: https://aseannow.com/topic/1150175-surge-in-gold-exports-to-limit-weakening-of-baht-analyst/

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