Gold Prices Today, May 12, 2025: Official Announcement - Sharp Gold Price Surge
Gold prices surged 850 baht on May 12, with ornamental gold selling at 73,250 baht per baht weight as the Gold Traders Association reported a sharp jump amid predictions of further gains tomorrow.
The Gold Traders Association announced today, May 12, 2025, that gold prices have surged significantly. Act quickly and make your decision. Compared to yesterday's closing price, ornamental gold is selling at 73,250 baht per baht weight.
Today's gold price has jumped strongly by 850 baht compared to the final price on May 11. Ornamental gold is selling at 73,250 baht per baht, according to the latest information from the Gold Traders Association released through their website at 9:07 AM.
Gold bars have a domestic buying price of 72,250 baht per baht and a selling price of 72,450 baht per baht according to the first announcement.
For 96.5% ornamental gold, the buying price is 70,812.36 baht per baht and the selling price is 73,250 baht per baht. Meanwhile, the global gold spot market (Gold Spot) is trading at 4,728.50 USD per ounce.
Today's Gold Prices Summary, May 12, 2025 - First Announcement Gold Bars: Buy 72,250 baht/baht, Sell 72,450 baht/baht Ornamental Gold: Buy 70,812.36 baht/baht, Sell 73,250 baht/baht
Gold traders predict that tomorrow's opening will see gold prices surge by 1,000-2,000 baht per baht, potentially breaking through 80,000 baht. Traders recommend considering when to buy gold, citing various market trend factors affecting gold prices.
