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Thai gold regulators to require 96.5 percent purity.

Bangkok Post (Bangkok, Thailand)

| September 03, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Sujintana Hemtasilpa

Sep. 3--Standard regulations for gold traders will require them to market gold ornaments with 96.5 percent gold content only, starting next month.

The Gold Traders Association and the Office of the Consumer Protection Board (OCPB) will jointly enforce the new standard.

Anuwat Dharamadhaj, the OCPB secretary-general, said authorities had received complaints from consumers for years that a number of local gold traders had been distributing gold ornaments with gold content between 91 percent and 94 percent.

The OCPB, he said, had been unable to enforce the 96.5 percent standard in the past because of a lack of ...

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Source: HighBeam Research, Thai gold regulators to require 96.5 percent purity.

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