Are you in the market for selling or maybe to buy gold bullion? Well, there is news on the gold exchange front. The Thailand stock market is now allowing the gold exchange-traded funds. The Capital Market Supervisory Board has given its stamp of approval for the Thai capital market. Now there are two different types of gold ETFs being allowed. The feeder fund investments and the direct investing of gold bullion in the local market. Rules and regulations will apply. The Bank of Thailand will have to give permission for investments. There will also be purity standards in which to follow. They will assist in educating investors as well. It feels good to know that there are guidelines to adhere to.
**I was paid for this post. My honest opinion was given and not swayed in any way.**
Wednesday, February 10, 2010
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