Gold Prices Fall Again on September 7
Gold prices fell 400 baht per gram on September 7, with ornamental gold trading at 69,550 baht per gram as the Thai Gold Merchants Association reported a continued decline from September 3 levels.
The Thai Gold Merchants Association announced on September 7, 2026 that gold prices have fallen again, declining 400 baht per gram compared to the closing price on September 3. Ornamental gold sold at 69,550 baht per gram, according to the latest data published by the Thai Gold Merchants Association at 09:04 this morning.
Gold bars are trading at a domestic purchase price of 68,550 baht per gram and a selling price of 68,750 baht per gram under announcement number 1. For 96.5% purity ornamental gold, the purchase price is 67,173.96 baht per gram and the selling price is 69,550 baht per gram. Global gold spot prices stood at 4,407.50 US dollars per ounce.
Today's gold prices, September 7, 2026, announcement number 1:
Gold bars: Purchase 68,550 baht per gram, Sale 68,750 baht per gram
Ornamental gold: Purchase 67,173.96 baht per gram, Sale 69,550 baht per gram
Gold traders predict the market will open tomorrow with prices potentially surging 1,000 to 2,000 baht per gram, breaking through the 80,000 baht level.
