On 29 Aug, Thai gold bars fell 1,600 baht to 70,150 baht per baht-weight; jewellery sold at 70,950. The drop followed US Fed chair Kevin Warsh's Jackson Hole speech saying the Fed may tighten if core inflation does not fall to 2% fast enough. Policy rate is 3.50–3.75%. He gave no clear signal of a September hike. For a business, this means gold-linked prices and gold-buying or pawn values may move quickly; if you borrow or hold gold, watch for US rate hikes that could push up global borrowing costs and the baht. No action needed yet beyond monitoring.