I just saw a friend ask in the group about which jewelry store to buy gold from. I’ve compiled the information I heard for those looking for reputable gold shops. There are several trustworthy options.



Old-established shops like Hua Seng Heng and Yaowarat have had a good reputation for gold for many years. Hua Seng Heng has been in business for over 70 years and is a member of the Thailand Gold Traders Association. They now also offer online services. Yaowarat focuses on having many branches—over 350 nationwide. If convenience is a priority, choosing Yaowarat is a good option.

Mae Thong Sook is a name everyone in the gold investment industry knows. It has been around since 1952 and has over 60 years of experience. Now, it has developed into the MTS Gold platform, allowing customers to trade gold online 24 hours a day. TTK (TTK Gold Jewelry) is the oldest gold shop in Yaowarat, dating back to the reign of King Rama V. They also have a museum of ancient gold artifacts.

Ossiris is a company that pioneered bar gold investment in Thailand. They offer a full range of services, from gold bars and gold jewelry to gold ETFs. YLG Bullion has been a manufacturer and exporter of jewelry for a long time. They now also have an online platform for gold trading.

For those wanting to buy jewelry as accessories, Aurora, Yong Bai Gold, and Jin Hwa Heng are good options. Thana Kit focuses on jewelry and custom-made pieces.

An important point is to choose shops that are members of the Thailand Gold Traders Association, have a long business history, and are trusted by customers. Before purchasing, check the weight, buy/sell prices, premium fees, and buy-back conditions clearly. Most importantly, sell the gold back to the same shop where you bought it to get a better price.

For long-term investment, gold bars are better than gold jewelry because they don’t have high premiums. But if you’re looking for short-term speculation, that’s another matter. There are many options to choose from based on your actual needs.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments