Gold Prices Today, May 2, 2026: Gold Traders Association Announces Strong Market Opening
Gold prices surged 500 baht per gram on May 2, 2026, with ornamental gold reaching 71,850 baht as traders predict further gains toward 80,000 baht.
Gold prices on May 2, 2026 opened with strong gains according to the Gold Traders Association. Ornamental gold (96.5% purity) opened 500 baht per gram higher compared to May 1's closing price, with selling prices at 71,850 baht per gram. Gold bars are currently trading at 70,850 baht per gram for buying and 71,050 baht per gram for selling according to the first announcement. For ornamental gold, the buying price stands at 69,432.80 baht per gram with selling prices at 71,850 baht per gram. Global gold spot prices are trading at 4,616.50 USD per ounce. Today's gold prices show strong upward momentum, with some traders predicting further gains of 1,000-2,000 baht per gram, potentially breaking through the 80,000 baht mark.