Thai Gold Price Drops 250 Baht to 67,100
Thailand's gold price dropped sharply on October 1, 2069, falling 250 baht to 67,100 baht per baht weight for jewelry. Gold bars traded at 66,100–66,300 baht, while the global spot price held at 4,157 USD per ounce. Market analysts predict a possible rebound tomorrow, with prices potentially rising above 80,000 baht.
On October 1, 2069, the Gold Traders Association released the first gold price update of the day. Gold jewelry sold for 67,100 baht per baht weight, down 250 baht from the previous day's close. Gold bars were quoted at 66,100 baht for buying and 66,300 baht for selling per baht weight. For 96.5% gold jewelry, the buying price was 64,778.68 baht and the selling price 67,100 baht per baht weight. The global gold spot price was 4,157.00 USD per ounce. The association's president predicted that tomorrow's market would open higher, with a possible surge of 1,000–2,000 baht, potentially pushing prices above 80,000 baht. Hua Seng Heng also advised investors on the best times to buy gold based on current market trends.
