Bangkok, Minister "Puangphet" went to Yaowarat area to inspect gold jewelry during Chinese New Year. Create confidence for consumers specified by the gold trader Even though gold is expensive during this period But sales numbers haven't dropped yet. Dr. Puangpetch Chunlaid, Minister attached to the Prime Minister's Office As the Chairman of the Consumer Protection Committee (OCPB), he went to the area to inspect gold shop business operators. Yaowarat Road area Samphanthawong District Bangkok To build consumer confidence in purchasing gold jewelry during the Chinese New Year festival. and prevent exploitation Dr. Puangpetch said that during the Chinese New Year festival People like to buy gold jewelry to give as gifts. Therefore, the Office of the Basic Education Commission cooperates with relevant agencies. Went to the area to inspect 8 gold shops as follows: 1) Hua Seng Heng Gold Shop Co., Ltd. 2) Leng Hong Co., Ltd. 3) Partnership Co., Ltd. Yu Long Kim Kee Gold Shop 4) Liang Seng Heng Gold Shop Company Li mited 5) T.P.H (2004) Company Limited 6) 24 Karat Gold Company Limited 7) Thong Bai Yaowarat Gold Shop (1988) Company Limited and 8) Jin Hua Heng Gold Sales Co., Ltd. to comply with the announcement of the Office of the Consumer Protection Board's labeling committee regarding gold jewelry being a product whose label is controlled from inspection. It was found that all gold shops cooperated. and product labels are prepared correctly and completely Dr. Puangpetch emphasized that if business operators are found violating the rules, not displaying labels, or displaying incorrect labels. There is a penalty of imprisonment not exceeding 6 months or a fine not exceeding 100,000 baht, or both if it is an act of the manufacturer or importer. Must be punished with imprisonment not exceeding 1 year or a fine not exceeding 200,000 baht, or both. In addition, the Office of the Consumer Protection Board will promote and support manufacturers and distributors of gold jewelry that meet standards. Prepare correct product lab els A certificate of honor will be given to the producer. To raise the quality of gold jewelry to international level, which will be publicized for business operators who are interested in applying to participate. This is in accordance with the announcement of the Committee on Labels of the Office of the Consumer Protection Board regarding gold jewelry being a label-controlled product. Requires business operators to specify information on product labels as follows: Name of type or type of gold jewelry. Name of country of manufacture (In case of ordering or importing for sale) Name and place of business or trademark of the manufacturer/importer Quantity of purity (unit: carat, percentage, percentage, symbol K/g) Weight (unit: gram, symbol g/g) Price (Thai currency, other currencies, currency symbol) Minimum buyback price low (According to the announcement of the Gold Traders Association) If consumers are being taken advantage of or are not being treated fairly by purchasing such products, they can file a comp laint via the OCPB Connect application 24 hours a day. Today's gold bar price is selling for 34,350 baht per baht, buying for 34,250 baht per baht, while gold jewelry is selling for 35,000 baht per baht, buying back for 33,640 baht per baht, and 2,219 baht per gram. Gold traders said that even though gold is expensive during this period, But sales haven't dropped yet because it's Chinese New Year. It is expected that If after Chinese New Year Gold prices are cheaper than this. It is expected that gold trading It will be bustling again as usual. Source: Thai News Agency