Gold Prices Drop Again On July 8
Gold prices dropped 150 baht per baht on July 8, with ornamental gold settling at 65,800 baht, though traders predict a potential surge of 1,000-2,000 baht tomorrow.
Gold prices continued their downward trend on July 8, 2569, as announced by the Thai Gold Association. Ornamental gold prices fell 150 baht compared to July 7, settling at 65,800 baht per baht for selling. According to the latest announcement from the Gold Association at 09:01 AM, gold bars are being bought at 64,800 baht and sold at 65,000 baht per baht. Ornamental gold of 96.5% purity is being bought at 63,505.24 baht and sold at 65,800 baht per baht. Meanwhile, global gold spot prices remain at $4,111.00 per ounce. Gold traders predict that prices could surge by 1,000-2,000 baht per baht tomorrow, potentially breaking through the 80,000 baht mark. Leading gold merchants recommend careful timing when purchasing gold.
