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Gold in Thailand

Crafted by Trivia Architect nw1

Fun Trivia : Quizzes : Gems and Birthstones : Gold in Thailand

Introduction:
"Did you know that Thailand has a unique and prosperous gold industry? Try this quiz to test your knowledge about this fascinating market."


1. Who can buy Thai gold?
    Anyone who has the money
    Anyone, but only after registering as a trader
    Thai citizens only
    Anyone, but only through a licenced dealer


2. What is the usual purity of Thai gold?
    23 ct
    14ct
    9ct
    18ct


3. Thai gold has a different colour to 'western' 18ct gold. What colour best describes it?
    yellow
    silver
    pink
    coppery


4. What is one big attraction of Thai gold for citizens?
    it can be melted into ingots on a gas stove
    gold is worshipped as a sacred metal
    it will always go up in value
    it can be simply traded for cash at any gold store


5. How is the price for gold in Thailand set?
    by local market forces, similar to gasoline
    monthly rate set by a central committee
    daily calculation by using the global gold spot price
    by the government in Bangkok


6. Although there are exceptions, who controls most retail gold stores in Thailand?
    pawnbrokers
    multinational mining companies
    the Thai Govt Dept of Natural Resources
    Thai-Chinese


7. Why won't you see much Thai gold sold out of the country?
    hardly anyone other than Thais buy it
    jewellers in the west can't value it properly
    the WTO embargoes trade in Asian precious metals
    it is technically illegal to export gold from Thailand


8. A devout Thai will often be seen with what attached to their gold chain?
    entwined gold serpents
    an ivory elephant
    a Buddhist amulet
    an enamelled portrait of the King


9. What is the standard measure of weight used in the Thai gold market?
    the troy ounce
    the gram
    the carat
    the baht


10. Approximately how many retail gold shops are there in Thailand?
    500
    6000
    1200
    3500


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