# Bank of Thailand Expected to Hold Policy Rate at 1.00% as Gold Hits $4,600 and Bitcoin Surges Above $77,000

> Amid a mixed global macroeconomic environment, the Bank of Thailand is projected to extend its interest rate pause at 1.00% in August, while gold hits three-month highs and Bitcoin crosses $77,000.

**Type:** article · **Category:** Market · **Published:** 2026-08-22 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/market/bank-of-thailand-ki-daren-1-00-para-sthira-rahane-ka-anumana-gold-4-600-ke-para-aura-bitcoin-77-000-ke-upara-pahuncha-19816 · **Language:** English
**Tags:** Bank of Thailand, Gold Price, Bitcoin, Forex Market, US Treasury, Nvidia, Global Economy

The Bank of Thailand (BoT) is widely expected to keep its benchmark policy rate unchanged at 1.00% at its upcoming August meeting, continuing the monetary policy pause established following a unanimous decision in June. The rationale for this steady stance centers on uneven domestic economic growth alongside headline inflation that remains safely within the central bank's target range of 1% to 3%. Private consumption and international tourism in Thailand are stabilizing after a sluggish period, whereas goods exports and private investment continue to show resilience. Keeping monetary conditions accommodative allows policymakers to support overall economic recovery while aligning with fiscal measures during ongoing geopolitical volatility.

## Thailand's Economic Recovery Dynamics and Inflation Trends
Economic indicators in Thailand reflect a bifurcated recovery. Domestic household demand and incoming foreign travel metrics show signs of bottoming out, though they remain relatively soft. Conversely, outer-oriented metrics such as physical goods exports and corporate capital expenditures are providing structural support to the broader economy. Headline inflation has steadily moderated and stays well within the BoT's prescribed 1% to 3% band. This stability gives the central bank the flexibility to maintain an supportive monetary framework without immediate pressure to alter borrowing costs.

## Foreign Exchange Dynamics: Cable and Fiber Under Pressure
Currency markets experienced increased fluctuations heading into the weekend. The GBP/USD pair retreated toward the low 1.3600s after climbing beyond 1.3670 earlier in the session. This pullback broke a two-day winning streak for the British pound, weighed down by soft domestic macroeconomic data from the UK and a minor resurgence in the US Dollar. Similarly, EUR/USD traded with modest losses around 1.1670 following another failed effort to sustain trades above the 1.1700 resistance zone, as investors evaluated US bond market movements and fresh macroeconomic reports.

## Precious Metals: Gold Breaks Past $4,600 Target
Precious metals experienced a strong bullish turn on Friday, putting aside the previous session's range-bound price action. Spot gold rallied decisively, surging past the $4,600 per troy ounce mark to establish a three-month peak. Notably, the advance occurred despite higher US Treasury yields across the yield curve and a firming Greenback, underscoring resilient underlying demand for traditional store-of-value assets.

## Cryptocurrency Rally: Bitcoin Breaks Above $77,000
Digital assets traded with strong upward momentum on Friday, anchored by Bitcoin breaking out past the $77,000 threshold. Altcoins posted sympathetic gains, with Ethereum (ETH) hovering around $2,400 and Ripple (XRP) changing hands near $1.35. The broad-based rally reflects renewed investor risk appetite across alternative asset classes.

## US Treasury Liquidity Support, Jackson Hole Outlook, and Corporate Catalysts
In fixed income markets, the US Department of the Treasury announced an unscheduled policy update on Wednesday at 12:32 GMT. The department stated that it will significantly scale up its liquidity support buyback operations in both the 10-to-20-year and 20-to-30-year maturity sectors. Beginning September 9 and continuing through November 4, the maximum size per operation will be raised from $2 billion to at least $4 billion.

Market attention is also focusing on the Jackson Hole symposium, where Kevin Warsh will make his debut against a backdrop of complex monetary communications. Analysts view a sharp hawkish pivot as unlikely following the recent Treasury market liquidity intervention. Simultaneously, upcoming quarterly earnings from Nvidia are anticipated to provide vital direction for equity markets as the broader technology stock rally shows signs of cooling.

## What this means for you
**Across India:** The international surge in gold prices above $4,600 will push domestic gold prices higher, making jewellery purchases more expensive for consumers.

**For Investors:** Volatility in global currencies, bond buybacks, and tech earnings will influence returns for Indian investors holding international stocks, crypto assets, or gold ETFs.

## Questions & Answers

### 1. What is the expected interest rate decision by the Bank of Thailand?
The Bank of Thailand is expected to keep its key policy rate unchanged at 1.00% in August.

### 2. What recent price milestone did gold reach?
Gold surged past $4,600 per troy ounce, reaching its highest level in three months.

### 3. What is the latest status of Bitcoin in the crypto market?
Bitcoin experienced a strong rally, breaking past the $77,000 mark.

### 4. What changes did the US Treasury announce regarding bond buybacks?
The US Treasury announced it will double its liquidity buyback limit from $2 billion to at least $4 billion per operation for 10-to-30-year sectors between September 9 and November 4.

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