Planning to Save Gold? Here's a Clear Comparison of 5 Interesting Gold Saving Apps for 2023

Nov 30, 2023 | view 33,591

As we enter the final quarter of 2023, it can be said that this year has been a golden year for gold, with prices reaching new highs four times.

The first spike occurred in March during the U.S. banking crisis, pushing gold prices to 32,300 THB per baht.

The second spike happened in September when the Thai Baht weakened beyond 37 THB, causing gold to rise to 33,000 THB per baht.

The third spike was due to the ongoing conflict between Israel and Hamas, which pushed gold prices to a peak of 33,500 THB per baht.

Most recently, the ongoing war has caused gold prices to soar again, reaching 34,000 THB per baht.

With prices climbing like this, gradually accumulating gold could be a great idea for our savings plans or for many people's investment portfolios.

The question is, where should we save gold? What is the easiest way to get started? Today, we will compare 5 interesting gold saving apps to help you choose the one that suits your style.

Gold Now by Hua Seng Heng

When it comes to Hua Seng Heng, many of you may have heard of it. They offer services for buying and selling gold jewelry and bullion, as well as a gold saving system. The main highlight is that they have been in business since 1951, and their long-standing reputation makes it a trustworthy place to start saving gold.

Highlights

Minimum gold saving amount: 1,000 THB
Minimum gold redemption: 1 baht
Can save monthly or daily

MTS Gold Blockchain by Mae Thong Suk

Another well-known gold shop, offering comprehensive services for buying and selling gold bullion, jewelry, gold saving, and trading various securities. They are among the top 30 highest sales companies in Thailand.

Highlights

Minimum gold saving amount: 150 THB
Minimum gold redemption: 0.5 grams
Mail delivery service available
Buy and sell 24/7

Gold2Go by Intergold

Intergold has been in the Thai gold industry for over a decade, specializing in importing and exporting gold bullion to shops nationwide. They produce over 40,000 gold bars annually and are among the top 10 highest revenue companies outside the Thai stock market. They recently launched a new gold saving app called Gold2Go.

Highlights

Minimum gold saving amount: 100 THB / Minimum gold redemption: 0.5 grams
Customizable saving plans; can sell gold back anytime without penalties
No fees for the first three gold bars
Can save monthly or daily (with the option to set up a saving plan in advance)
Mail delivery service with shipping insurance
Buy and sell 24/7

Ausiris Goldsaving

Ausiris has been a pioneer in gold bullion trading in Thailand for over 12 years, known for its wide variety of gold designs available for savers. Importantly, the minimum gold redemption is very low, at just 0.3 grams.

Highlights

Minimum gold saving amount: 1,000 THB
Minimum gold redemption: 0.3 grams
Can save monthly or daily (with the option to set up a saving plan in advance)
Mail delivery service available

ARR Gold Saving by Aurora

Aurora is a gold shop that started from skilled craftsmen specializing in gold. They began producing and wholesaling gold to shops in Yaowarat and have since expanded their branches nationwide.

Highlights