Gold Price Jumps 550 Baht to 67,100 Baht Today
Today's gold price in Thailand surged 550 baht compared to yesterday, with gold jewelry selling at 67,100 baht per baht weight. Gold bars are trading at 66,100-66,300 baht and the global spot gold sits at $4,173 per ounce. The Gold Traders Association forecasts another possible rise of 1,000-2,000 baht tomorrow, potentially exceeding 80,000 baht.
The Gold Traders Association released the first daily gold price update at 09:03, showing a sharp increase. Gold bars are being bought domestically at 66,100 baht per baht weight and sold at 66,300 baht. For 96.5% gold jewelry, the buying price is 64,778.68 baht and the selling price is 67,100 baht per baht weight. The international gold spot price is $4,173 per ounce. The association predicts that tomorrow's opening could push gold prices up by another 1,000 to 2,000 baht, potentially breaking the 80,000 baht mark. Huahsengheng advises investors on the best times to buy gold based on current market trends.