Gold Prices Drop Sharply on September 9
Gold prices fell 450 baht per baht-weight on September 9, with traders predicting a sharp rebound the following day that could push prices above 80,000 baht.
Gold prices dropped sharply on September 9, 2026, according to the Thai Gold Traders Association. Gold ornaments fell 450 baht per baht-weight compared to September 8's close, with sell prices at 68,950 baht per baht-weight based on the association's latest data published at 9:04 a.m. Gold bars are trading at 67,950 baht per baht-weight for purchases and 68,150 baht for sales under the first announcement, while 96.5% gold ornaments are bought at 66,597.88 baht per baht-weight and sold at 68,950 baht. Global spot gold prices stand at 4,374 US dollars per ounce. Gold traders forecast that market opening tomorrow could see prices surge 1,000 to 2,000 baht, potentially breaking through the 80,000 baht level per baht-weight.
