Gold Prices Today, May 7, 2026: Gold Prices Surge Strongly
Gold prices surged strongly on May 7, 2026, with ornamental gold trading at 72,750 baht per baht, up 350 baht from the previous day. Gold traders anticipate further price increases tomorrow, potentially reaching above 80,000 baht per baht.
The Gold Traders Association reports that gold prices continue to surge strongly on May 7, 2026, with ornamental gold trading at 72,750 baht per baht. Prices have risen 350 baht compared to the previous day's close on May 6. Gold bullion is being purchased at 71,750 baht per baht and sold at 71,950 baht per baht, while ornamental gold (96.5% purity) is being bought at 70,312.08 baht per baht and sold at 72,750 baht per baht. International gold spot prices are at 4,717 USD per ounce. Gold dealers predict that tomorrow's market opening could see prices surge another 1,000-2,000 baht per baht, potentially breaking through 80,000 baht.