Gold Prices Drop 400 Baht on August 19
Gold prices dropped 400 baht per baht weight on August 19, with ornamental gold falling to 69,150 baht, though traders predict a sharp rebound could push prices toward 80,000 baht soon.
Gold prices fell sharply on August 19, 2026, according to the Thai Gold Traders Association. Ornamental gold (96.5% purity) was selling at 69,150 baht per baht weight, down 400 baht from the previous day's close. Gold bars were trading at 68,150 baht per baht weight for purchase and 68,350 baht per baht weight for sale, while world gold spot prices stood at 4,357 US dollars per ounce. Industry leaders predicted gold prices could surge by 1,000 to 2,000 baht per baht weight in the coming session, potentially breaking through the 80,000 baht barrier.