Thai Gold Explained: Why It's Unique & What Buyers Should Know
Video Overview & Insights
In this interview, Thomas Pryor — a 14-year veteran of Thailand's gold industry — explains his journey serving in the US military, to teaching, and building a gold business in Thailand.
Can you imagine the global mafia it takes to keep gold the same price everywhere. Who controls that? How is that possible?
He shares what makes Thai gold unique, how the export business works, what buyers need to know before purchasing gold in Thailand, and how the market has changed during the recent gold boom.
🔗 Tom's Links
Wieso wird hier nur in der Doofensprache gesendet?
23K Gold: https://23kgold.com/
Youtube Channel: @pryortuck
can you sell american eagle gold coins in thailand for spot? or closer to spot than you would in the US
🟢 Are you staying in Bangkok with an interesting story to share?
- Contact me at: ajarncal@gmail.com
I can't sell the UKs 9 carat crap in Asia. They don't take fools gold 😅
Chapters
Intro 0:00
Such a nice interview. Thank you for your time. By the way, what was that thing moving in the water at 16:55 😆😆😆😆😁😁😁😁?
Meet Tom 1:00
How He Built His Business 1:57
Thank You, great video. I live in Chiang Rai, I buy small Gold bars here for investment, I also recommend people buying Silver as it is getting ready to SKYROCKET very soon. "Haggai 2:8, the Bible says, “The silver is mine, and the gold is mine” declares the LORD.
Why Thai Gold? 5:37
Guide for Buying Gold in Thailand 9:51
Thanks for this video great iam stacker of silver and gold coins
Buying Thai Gold Online 14:40
Changes in the Gold Industry 16:03
Perhaps I've missed it in your program but Thai gold in the way of purchasing ingots or coins is only 96.5 percent pure where European and North American and the rest of the world's gold is 99.99%. I suppose that when one is investing in jewelry that does not really matter. But they need to be aware of that discrepancy.
Investing in Gold 18:46
SUPPORT 💵
There are dozens of stories of Thai girls asking for gold which she will sell the moment you are leaving the country. And of course the obvious robbery when your gold chain disappeared when you are going out and enjoy the nightlife.
🟢 Buy me a cup of coffee: https://www.buymeacoffee.com/ajarncal
Recommendations ✅
Fascinating! It will be interesting to find out if it is mostly gold chains etc that are sold in Thailand or if they have much in the way of gold and silver coinage too. It would also be interesting to know how much the Thai gold whether 965 or 24k varies from spot?
✚ My Health Insurance (Safetywing): https://safetywing.com/nomad-insurance/?referenceID=25111590&campaign=6&utm_campaign=6&utm_source=25111590&utm_medium=Ambassador
🌐 My esim - https://saily.com/bangkokguide (use coupon code 'bangkokguide' for a 15% discount)
Watched all of your video, good job explaining in your "almost Canadian border accent !!! Haha. I'm from Halifax, retired here 10 yrs - don't own any gold but I'm pretty damned sure it beats the GD banks for gains.
Didn't hear you talk about gold bars like at Aurora, etc.
1 or 2 baht size, I'm not a jewelry guy at 64, never was.
More infor on this form of gold please.😊
🔗 My VPN - https://nordvpn.com/thebangkokguide (use coupon code 'thebangkokguide' for exclusive offer + 4 months free)
Moving or Visiting Thailand: Book a Consultation 📅
I'm a young gold stacker; being in EU, I buy the gold 20 francs; it's true, it's more for storing value rather than investment, but that being said: if I LIVED in Thailand, I would buy gold bahts (unfortunately they don't have gold coins, not popular/liquid ones at least), because you want liquidity, something as quickly recognizable as possible, something that has no premium (like jewelry does); If you want gold jewelry because you like jewelry, then buying it in Thailand is a cheaper option; but if you are a tourist there and you want to store value with gold, don't buy jewelry in Thailand, buy the most liquid gold that you can find back in your country (EU/UK? sovereigns or 20 francs; USA? ask Yankee Stacking!).
🟢 https://bangkokguide.as.me/
Travel Tools ✈️
a 2 baht chain is 30 gms ?????
💵 How I transfer money internationally (Wise): https://wise.prf.hn/click/camref:1011l3CdDM
✈️ How I book flights (Skyscanner): https://skyscanner.pxf.io/BnPPx4
I wonder if the gold shops there would be receptive to buying gold brought in from the US. Like if you brought 18K , would they even buy it ?
🚂 How I book Train and Bus Tickets in Thailand (12Go): https://12go.asia/?z=10875997
The Music in my Videos: https://share.epidemicsound.com/c9rtec
You didn't get into buying bars instead of jewelry When you sell your necklace, .you will get less than bars. One of the reason Thai's love gold is to show off.
My Film Gear 📸 💻
Main Camera - https://amzn.to/4av6EHK
Recent Scientific Breakthroughs: Researchers at facilities like CERN have successfully turned lead into gold. By smashing lead ions together, powerful electromagnetic fields strip protons from the nuclei, producing microscopic amounts of gold. Startups like Marathon Fusion have also researched creating gold using fusion reactors. As of now, man made gold is expensive to manufacturer. But then again man-made diamonds once were expensive to manufacture too. Furthermore Space mining, the Harvesting Asteroids, and future finds of large deposits of gold found here on Earth will definitely affect the value of gold. Investing in Gold isn't necessarily a sure return when considering these factors. Small investment in gold, with the bulk of your investment in stocks and bonds is the wise choice for any investor.
High Quality Camera - https://amzn.to/4kwoJtD
Action Camera - https://amzn.to/4twsrYp
I tried to sell gold in the USA. I then went to Chinatown Bangkok. I got 35% more selling the gold in Thailand. This was Thai gold. A necklace.
External Microphone - https://amzn.to/3MsvArl
Drone - https://amzn.to/4rfGErh
Thank you so much for this video. I have been in jewelry stores in Thailand but never bought anything because I was a little intimidated. I didn't know if I could trust the stores in China Town or at the Malls and of course I am just buying like a piece or two. It's just for me 😊 Next time I will feel more comfortable about it. Thanks so much!
Main Computer for editing - https://amzn.to/3MucP6V
Second Computer - https://amzn.to/4kwoJtD
14 karat gold is very low carrot
FOLLOW ME ON SOCIAL MEDIA
🌐 Instagram: https://www.instagram.com/ajarncal/
So it's not that chinese are shorter, just that the chinese inch is longer...
🌐 Tiktok: https://www.tiktok.com/@ajarn.cal
✅ SUBSCRIBE & JOIN TO BE A MEMBER: https://www.youtube.com/@thebangkokguide/
Why would anyone be dumb enough to import Thai gold.
More User Perspectives
Be careful buying gold off the street. Karat numbers are easily faked.
@CONTACTLIGHTTOMMYHong Kong standard is 999. More superior than Thai.
@uptownonfridayWhy his website looks like it was designed in the year 1996
@johnny_bravo4545I prefer bullion and selling in Singapore. I've been married to my Thai wife for nearly 29 years and have spent a lot of time in Thailand and he's pretty much right about the gold. We have some pieces and bought a fair about over time but it is a form of bullion for Thailand and considered money.
@herbertvonsauerkrautunterh2513Great video again, Cal! That was a fascinating lesson about Thai gold—something I’ve always been interested in. I also loved the monitor lizard swimming behind you at 16:58!
@AidoooMangkonWon’t be in Thailand anytime soon but will peep this dudes site
@chanjasonskIt's the most beautiful gold on the planet IMO.
@knockknock1246Thank you Cal for the opportunity to be on Your YouTube channel and offer some information on Thai gold jewelry. It was a pleasure to meet you and I always look forward to your videos.
@pryortuckWhat a nice, intelligent guy to have a interview with. Thank you for sharing.
@ivannovotny4552🤙🏼🤙🏼🤙🏼🤙🏼
@EightOEight8081000% return on Gold 6000 by 2027 Polymarket
@ZilverbacksThanks learned a lot
@Wingydingy5467What a lovely human to interview!! ❤🥹 Such an interesting life. Thanks for this Cal!
@Kinetic328This wasn't long enough Cal. You gotta get sit down with Thomas again. 😀👍
@johnobrien6869it is , electrum , 96%au,4%ag , it cheaper no, , it is 23 k , not 24 k that is bullion , yes i do have thai gold
, in australia it attracts a gst tax
It’s becoming cheaper in the uk and all over the world now.
@os1333its not that the gold is worth more, its that the baht and USD in your pocket is worth less because they print it into oblivion.. like every paper money in the history of humanity
@DillonhereGold is actually more volatile than the global stock market
1980–1985 -65% (from around $850 to below $300 per ounce)
1974–1976 it dropped -47%
2011–2015 it dropped -45% (from around $1,920 to about $1,050 per ounce)
2020–2022. Around -20%
This is an interesting topic. As a Thai, I know a little about gold because of my parents, but your guest provided some valuable information that I didn't know. I still have some pieces of gold jewelry that my parents bought for me.
@tom4wltAs a guy who loves Thailand and investing, I wish this was a 3hr video. This rocked and your guest was fantastic.
@RainTrain470Google Translate doesn't work?😊 what
@rea8755When you sell gold in Thailand, why do the merchants always look for the price you purchased the piece for? They often look for a purchase receipt or through their own records if purchased at the same store.
@9squaresIt is great to see Tom on Cal's channel, I subscribe to both channels. I had a chance to meet Tom several months ago in Bangkok & do some business with him. Anyone from the US that can't make it to Thailand to buy Thai gold, I would definitely consider buying investment gold through Tom's company. He has a great reputation, which is very important in his industry, and he offers unique pieces that are difficult to obtain in Thailand.
@Mr8675309fulThank you for the in-depth review! Great info!
@My6838Gold is NOT an investment. It is a store of value.
@steveaustin1984Planned obsolescence…engineered to fail, so you have to keep purchasing.
@steveaustin1984Why dont Thailand make 1oz Gold coins ? And if you have a Gold Maple or what ever they wont buy it from you. Thats strange i think.
@theaverageguy3884As of today my Manhood is measured in Chinese Inches ! Joking aside - best episode ever
@Shibari-OniMy top 3 trades: I sold 8 oz of .9999 bullion during covid for $1,600 each to fund a vacation. I sold 20 bitcoin for $120 in May 2013, and liquidated 120k from a 401(k) in 2000 to pay off my credit cards. Don't ask me for financial advice.
@DeanBateman-911