Gold Prices Drop Sharply on May 27, 2026 – Check Today's Rates
Gold prices dropped 350 baht per baht on May 27, with ornamental gold trading at 68,068.40 baht for buyback as market analysts predict a potential surge of 1,000-2,000 baht when trading resumes.
Gold prices fell significantly on May 27, 2026, dropping 350 baht per baht compared to the previous day's closing price, according to the Gold Traders Association's announcement released at 9:01 a.m. Ornamental gold (96.5% purity) is trading at 68,068.40 baht per baht for buyback and 70,450 baht per baht for retail sales. Gold bars are priced at 69,450 baht per baht for buyback and 69,650 baht per baht for selling. Global spot gold prices stand at $4,508 per ounce. Market watchers predict gold prices could surge 1,000-2,000 baht per baht and possibly exceed 80,000 baht when markets open tomorrow, with gold trading experts offering recommendations on optimal buying times.