Gold Prices Surge 450 Baht in Hour-Long Rally
Gold prices jumped 450 baht on August 12 following four rapid adjustments within an hour, with ornamental gold now trading at 69,950 baht per baht weight according to the Gold Traders Association.
Gold prices on August 12, 2026, saw four adjustments within the first hour, surging 450 baht compared to yesterday's closing price, according to the Gold Traders Association. Ornamental gold is now trading at 69,950 baht per baht weight based on the association's latest announcements, with the first adjustment announced at 09:09 and the most recent at 09:54. Gold bars are trading at 68,950 baht per baht weight for buying and 69,150 baht for selling, while ornamental gold 96.5% is at 67,568.12 baht per baht weight for buying and 69,950 baht for selling. Global gold spot prices are at 4,413.00 US dollars per ounce. The four price adjustments occurred at 09:09 (up 250 baht), 09:18 (up 50 baht), 09:37 (down 50 baht), and 09:54 (up 200 baht).
