Gold Prices Drop Again on Oct 2, 2026
Gold prices in Thailand dropped 200 baht on October 2, 2026, with jewelry sell‑out at 67,000 baht per baht unit. The gold bar buying and selling rates were 66,000 and 66,200 baht respectively, while the global spot price held at 4,150 USD per ounce. Traders anticipate a rebound tomorrow, forecasting an increase of 1,000–2,000 baht.
The association’s first announcement showed gold bars bought domestically at 66,000 baht and sold at 66,200 baht. For 96.5% gold jewelry, the buying price was 64,672.56 baht and the selling price 67,000 baht. The world gold spot price was 4,150 USD/oz. The association also noted that traders expect the market to open higher tomorrow, with a possible rise of 1,000–2,000 baht pushing prices above 80,000 baht.