[QODLink]
Asia-pacific
Market jitters cause Thai gold rush
Concerns over global recession and debt crisis in Europe and US prompts many Thais to buy gold.
Last Modified: 11 Aug 2011 06:56

Thailand is taking part in the global gold rush.

Concerns over the global recession and debt crisis in Europe and the US prompted many Thais to buy gold as a safe haven amid market jitters across the region.  

There is so much demand for it that the Thai Gold Traders Association says some shops have run out.  

Al Jazeera's Veronica Pedrosa reports from the capital, Bangkok.

Source:
Al Jazeera
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
The author argues that in the new economy, it's people, not skills or majors, that have lost value.
Colleagues of detained Al Jazeera journalists press demands for their release, 100 days after their arrest in Egypt.
Mehdi Hasan discusses online freedoms and the potential of the web with Wikipedia founder Jimmy Wales.
A tight race seems likely as 814 million voters elect leaders in world's largest democracy next week.
Featured
Since independence, Zimbabwe has faced food shortages, hyperinflation - and several political crises.
After a sit-in protest at Poland's parliament, lawmakers are set to raise government aid to carers of disabled youth.
A vocal minority in Ukraine's east wants to join Russia, and Kiev has so far been unable to put down the separatists.
Iran's government has shifted its take on 'brain drain' but is the change enough to reverse the flow?
Deadly attacks on anti-mining activists in the Philippines part of a global trend, according to new report.
join our mailing list