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Bank of Thailand plans to tighten regulations on online gold trading

The regulations, which will take effect in March, will cap online gold transactions conducted in the Thai baht at 50 million THB (1.6 million USD) per user per day. Any transaction exceeding that limit will require approval from the authorities.

Customers crowd a gold shop in Bangkok, Thailand, on January 29, 2026. (Photo: AP)
Customers crowd a gold shop in Bangkok, Thailand, on January 29, 2026. (Photo: AP)

Bangkok (VNA) - The Bank of Thailand plans to tighten regulations on online gold trading to curb the impact of fluctuating prices on the local currency.

The new measures will not have a big impact to gold trading, which has become increasingly popular, but will improve transparency of online platforms, said the central bank's assistant governor, Pimpan Charoenkwan.

The regulations, which will take effect in March, will cap online gold transactions conducted in the Thai baht at 50 million THB (1.6 million USD) per user per day. Any transaction exceeding that limit will require approval from the authorities.

However, the rules will not apply to users who already were holding more than 50 million THB worth of gold in their accounts before the end of January. They will be allowed to sell their holdings back to platform operators without seeking additional permission.

The regulations will also not apply to gold trades in foreign currencies or to physical gold transactions.

Pimpan said gold traders will also be required to maintain some transaction records, and regularly report those activities to the Bank of Thailand./.

VNA
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