Gold Prices Today, May 15, 2025: Sharp Decline Announced
Gold ornaments dropped 850 baht to 71,900 baht per gram on May 15, though traders predict a sharp rebound of 1,000-2,000 baht tomorrow.
Gold prices on May 15, 2025 have experienced a sharp continued decline according to the Gold Traders Association. Gold ornaments are selling at 71,900 baht per gram, down 850 baht compared to May 14's closing price. The latest information from the Gold Traders Association was posted on their website at 09:06 AM. Gold bars are being purchased at 70,900 baht per gram and sold at 71,100 baht per gram according to the first announcement. For 96.5% gold ornaments, the buying price stands at 69,478.28 baht per gram and the selling price at 71,900 baht per gram. Global gold prices (Gold Spot) are currently at $4,616.00 per ounce. Gold traders predict that tomorrow's market opening could see prices surge by 1,000-2,000 baht per gram, potentially breaking through the 80,000 baht mark.
