Gold Prices Surge Again on August 21
Gold prices jumped 550 baht on August 21, with ornamental gold bars reaching 71,100 baht per baht weight as traders predict further gains ahead.
The Thai Gold Traders Association announced that gold prices continue to surge sharply compared to yesterday's closing price, urging customers to make quick purchasing decisions. Ornamental gold bars are selling at 71,100 baht per baht weight.
Gold prices on August 21, 2026 jumped 550 baht compared to the final price on August 20. Ornamental gold bars are selling at 71,100 baht per baht weight, according to the latest data from the Thai Gold Traders Association published on their website at 9:04 a.m. Gold bars have a domestic buying price of 70,100 baht per baht weight and a selling price of 70,300 baht under the first announcement.
For 96.5% ornamental gold, the buying price is 68,705.12 baht per baht weight and the selling price is 71,100 baht per baht weight. Global gold spot prices are currently at 4,525.50 US dollars per ounce.
Gold Price Summary for August 21, 2026 First Announcement Gold Bars: Buy 70,100 baht per baht weight, Sell 70,300 baht per baht weight Ornamental Gold: Buy 68,705.12 baht per baht weight, Sell 71,100 baht per baht weight
Gold traders predict that when the market opens tomorrow, gold prices may rise another 1,000 to 2,000 baht per baht weight and could exceed 80,000 baht.
