Gold Prices Plummet by 1,200 Baht on January 31, 2024

The Gold Traders Association has announced a sharp and continuous drop in gold prices by 1,200 baht compared to yesterday's closing price. Gold ornaments are now selling at 75,000 baht per unit. In the first announcement of the day at 09:23 AM, gold bars are being bought at 74,100 baht and sold at 74,200 baht per unit. Gold ornaments are being bought at 72,616.40 baht and sold at 75,000 baht per unit. Global gold prices (Gold Spot) are currently at 4,950.00 US dollars per ounce, following a recent new high of 5,500. Summary of gold prices for January 31, 2024 (First Announcement): Gold Bars: - Buy price: 74,100 baht - Sell price: 74,200 baht Gold Ornaments: - Buy price: 72,616.40 baht - Sell price: 75,000 baht