The Finance Ministry is considering a tax on gold trading, which the Bank of Thailand proposed to curb baht volatility against the US dollar. The Gold Traders Association will meet Finance Minister Ekniti Nitithanprapas later this month to seek an exemption. Thailand abolished a gold trading tax in 1997. Gold shops and dealers should watch the outcome, since it could change trading costs. The central bank already caps retail online gold trading settled in baht at 50 million baht per day, and traders are shifting to US dollar platforms such as SCB Gold Market Place.