Listen "Buying Gold in Thailand: Expert Explains How to Buy 23k Thai Gold"
Episode Synopsis
In this episode, I chat with Tom Pryor, co-founder of Baht Gold, about why high karat gold, such as 23k gold, is not commonly sold in jewelry stores in the US. Tom shares his extensive experience with Thai gold, his journey into the gold business, and the unique advantages of high karat gold. We discuss the purity and durability of 96.5% gold, the cultural and market differences between Thai and Western gold products, and practical tips on buying and selling gold in Thailand and internationally. Learn about the craftsmanship of Thai gold jewelry, the significance of hallmarks and maker's marks, and the economic and cultural factors influencing the gold market. Plus, get insights into the role of high-quality gold in supporting animal welfare through Tom's business model.Connect with Tom Pryor:- Website: http://www.23kgold.com/- YouTube: @pryortuck 00:00 Introduction01:05 Tom's Journey to Thailand and Gold04:42 The Birth of Baht Gold Company09:21 Understanding Thai Gold Purity16:52 Navigating Gold Shops in Thailand24:42 VAT on Gold Jewelry in Thailand25:30 Avoid Buying Gold in Tourist Areas26:05 Understanding Gold Quality Levels26:53 The Reality of Fake Gold28:15 Different Tiers of Gold33:06 Custom Gold Products38:14 Exporting Gold from Thailand42:02 Selling Gold in the US44:24 Purchasing and Selling Silver in Thailand47:18 Why High Karat Gold is Rare in US Jewelry Stores51:15 Conclusion📖 Download my FREE gold buying guidehttps://www.scottpressimone.com/gold-guide📖 Download Tom's FREE gold cheat sheethttps://www.scottpressimone.com/gold-cheat-sheet
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.