National

Gold Prices Drop 700 Baht as Markets Open

Gold prices dropped 700 baht at Thursday's market open in Thailand, with ornamental gold trading at 65,600 baht per baht weight as traders anticipate a sharp rebound within days.

24 Jul Khaosod

The Thai Gold Traders Association reported gold prices for July 24, 2025, with a significant market opening decline of 700 baht from the previous day's closing. Ornamental gold (96.5%) sold at 65,600 baht per baht weight. Gold bars were quoted at 64,600 baht per baht weight for buying and 64,800 baht for selling. Ornamental gold prices showed a buy price of 63,308.16 baht per baht weight and a sell price of 65,600 baht per baht weight, while international gold spot prices held steady at $4,045.00 per ounce. Traders are forecasting a potential surge of 1,000–2,000 baht per baht weight in tomorrow's opening, with some expecting prices to break through the 80,000 baht mark.

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