Where to buy gold

All that glisters is not gold. You have to know where to shop or your '23 karat' gold necklace may turn black after a couple of years....

There are gold shops on just about every street corner in Thailand. Thais use gold, in part, as an investment in place of cash. With so many shops and so much buying and selling of gold  you might expect that the Thais  would gold experts. This is not the case. Not all gold shops are trustworthy either. They will sometimes put their own mark on gold they buy from the factory. However this does not mean that they have actually made it themselves.

For this reason it is best  to stick to the 4 main gold shop chains where you can be confident about what you are buying. These are:

Hua Seng Heng

Tang To Kang - the oldest gold shop in Bangkok. It opened in the 1880s

To Kang

Jin Hua Heng

These shops are all Chinese owned and all located in Chinatown in Bangkok (Yaowarat). Unfortunately, locating them is quite difficult and  means fighting your way through heavy traffic jams and pollution. The shops close at unpredictable times and the staff are not especially friendly or helpful regardless of how much money you are spending.  There are often large queues in front of the shops so there is pressure on you not to waste time.

You can also buy gold jewelry from us.

Exporting Thai gold

If you decide to sell your gold jewelry, providing that you buy good quality gold from someone trustworthy, you may  make a good  profit. In the worst case you will get back the spot price which, as pointed out earlier, is about what you paid for it.