Gold Prices Today May 5, 2026 - Thai Gold Association Announcement
Gold prices held steady on May 5, 2026, with ornamental gold trading at 71,200 baht per baht weight, though merchants predict a surge of up to 2,000 baht tomorrow.
Gold prices remained flat on May 5, 2026, compared to May 4's closing prices, with ornamental gold (96.5%) selling at 71,200 baht per baht weight, according to the Thai Gold Association's announcement published at 9:06 AM. Gold bars had a buying price of 70,200 baht per baht weight and a selling price of 70,400 baht per baht weight under the first announcement. Ornamental gold (96.5%) was being bought at 68,796.08 baht per baht weight and sold at 71,200 baht per baht weight, while spot gold on the global market traded at $4,540.50 per ounce. Gold bar buying price: 70,200 baht per baht weight, selling price: 70,400 baht per baht weight. Ornamental gold buying price: 68,796.08 baht per baht weight, selling price: 71,200 baht per baht weight. Gold merchants predict the market will open tomorrow with prices potentially surging by 1,000-2,000 baht per baht weight, potentially breaking through 80,000 baht.
