Question:

If I buy $500 US dollars worth of Thailand gold what would it be worth in the US?

by  |  earlier

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I'm going to Thailand next month and i would like to know how diff. is the US gold vs Thailand gold ? I'm thinking about spending 500 US $ on gold how much would i be able to get and how much of a profit would i make if i sell it in the US

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5 ANSWERS


  1. Profit ? $0....


  2. It will be worth $500.  There is a world market price for gold.

    Hello?

  3. same = same

  4. For about $420 you can buy 1 Baht of 22k gold and you may be able to sell it on ebay for $500-600 US  You also would be breaking the law to do it.

    US usually sell gold at 18k-8k,  Thailand has 22k Baht gold and I have seen 18k and 14k at the jewelery stores.  

  5. No profit as Gold sold will have a 35% levy which the exchange rate wouldn't cover.

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