Gold Prices Today, May 11, 2025: Official Announcement Shows Decline – Act Now
Gold prices fell 50 baht per baht weight on May 11, with ornamental gold at 72,700 baht, though traders predict a surge of 1,000-2,000 baht could push prices toward 80,000 baht tomorrow.
Gold prices for May 11, 2025 have been announced by the Gold Traders Association, with prices declining compared to the previous close. Ornamental gold is selling at 72,700 baht per baht weight, down 50 baht from the final price on May 8. According to the latest data from the Gold Traders Association released on their website at 9:02 AM, gold bars are trading at 71,700 baht per baht weight for purchase and 71,900 baht per baht weight for sale in the first announcement. For 96.5% ornamental gold, the purchase price is 70,266.60 baht per baht weight and the selling price is 72,700 baht per baht weight. Global gold spot prices are currently at 4,691.50 USD per ounce. Gold bar prices: Buy at 71,700 baht per baht weight, Sell at 71,900 baht per baht weight. Ornamental gold prices: Buy at 70,266.60 baht per baht weight, Sell at 72,700 baht per baht weight. Gold traders predict that tomorrow's market opening could see prices surge by 1,000-2,000 baht per baht weight, potentially breaking through the 80,000 baht level.
