Thailand is preparing new restrictions on gold trading and financial data reporting as authorities seek to contain currency distortions, speculative capital flows, and money laundering risks linked to a surge in gold transactions during a record rally in the precious metal. Thai authorities said they will introduce new caps on gold trading activity and foreign currency transactions as part of a coordinated effort to stabilize the baht and strengthen oversight of capital movements, following a sharp rise in gold-related flows. Bank of Thailand Governor Vitai Ratanakorn said the Ministry of Finance is expected to ... (full story)