Bank of Thailand Caps Online Gold Trading at 50 Million Baht per Day to Curb Baht Appreciation

Pimparth Charoenkhwan, Assistant Governor of the Financial Markets Department at the Bank of Thailand (BOT), revealed that the central bank is implementing new oversight measures for online gold trading. The goal is to increase scrutiny of high-value gold transactions and enhance transparency and standards in gold trading. The new regulations, effective March 1, 2026, include: 1. A trading limit of 50 million baht per person per platform, applying only to baht-denominated platforms. This does not cover: - Dollar-denominated trades - Trades through traditional gold shops - Savings-type platforms - Futures market (TFEX) trades Individuals holding gold valued over 50 million baht as of January 30, 2026, can sell their existing holdings without time restrictions. 2. Additional conditions for gold platform trading include: - Prohibiting the use of third-party accounts for payments - Electronic payment methods only - Full payment required (no net settlement) - Personal receipt of gold - No short selling (must have fully paid gold in the platform) The measure aims to reduce baht currency volatility and will apply to general customers, excluding gold business operators and manufacturers. Most typical customers trading under 50 million baht will not be significantly impacted.