Gold Price Falls 200 Baht on July 20
Ornamental gold prices dropped 200 baht on July 20, with traders expecting a sharp rebound tomorrow that could push prices above 80,000 baht per baht weight.
Gold prices declined by 200 baht on July 20, 2026, according to the Gold Traders Association announcement published at 9:07 a.m. Ornamental gold is now selling at 64,650 baht per baht weight, down from the previous day's closing price. Gold bars are available at 63,650 baht per baht weight for purchase and 63,850 baht per baht weight for resale. Ornamental gold at 96.5% purity is being purchased at 62,383.40 baht per baht weight and sold at 64,650 baht per baht weight. The global gold spot price is currently trading at $4,008 per ounce. Gold traders predict that the market will open tomorrow with prices potentially rising by 1,000 to 2,000 baht per baht weight, potentially breaking through the 80,000-baht level.