Thai Gold Prices Drop 300 Baht on November 11
Thai gold prices dropped 300 baht on November 11, 2026, according to the Gold Traders Association. Gold jewelry now sells at 65,150 baht per baht weight, while gold bars trade at 64,150-64,350 baht. The association president forecasts prices may surge 1,000-2,000 baht tomorrow, potentially exceeding 80,000 baht per baht.
The Gold Traders Association announced today's gold prices for November 11, 2026, updating the market with a significant drop. Prices fell 300 baht from the November 10 close, with gold jewelry selling at 65,150 baht per baht. According to the association's website at 09:05 AM, domestic gold bars trade at 64,150 baht buy and 64,350 baht sell per announcement #1. For 96.5% purity gold jewelry, buy price is 62,868.52 baht and sell price is 65,150 baht. The global gold spot price is $4,045.50 per ounce. The association also provided guidance on when to buy gold, with the association president predicting the market may open tomorrow with gold rising 1,000-2,000 baht per baht, potentially breaking 80,000 baht.