Thailand Said to Weigh Tax on Gold Trades to Slow Baht Rally (3)

Thai authorities are considering a tax on physical gold trading to slow a rally in the nation’s currency that has threatened exports and tourism. The baht fell the most in six weeks.

The Bank of Thailand and Ministry of Finance are discussing ways to tax gold bought and sold through various online channels and settled in baht, according to people familiar with the matter, who asked not to be identified as the information isn’t public. Any such levy may exempt gold traded in US dollars, on futures exchanges, or purchases made from bullion shops, the people said.

With the tax, ...