Thai Gold Prices Fall 200 Baht on October 15
Thailand's gold price dropped 200 baht today, with jewelry selling at 66,550 baht per baht and bars trading between 65,550 and 65,750 baht. The global spot price stood at $4,137 per ounce. The Gold Traders Association president forecast a rise of 1,000–2,000 baht tomorrow, possibly exceeding 80,000 baht, while Huaseng Heng shared tips on when to buy gold.
The Gold Traders Association announced today's gold prices, with gold bars bought at 65,550 baht and sold at 65,750 baht per baht weight, and 96.5% gold jewelry bought at 64,232.92 baht and sold at 66,550 baht per baht. The association's president said the market could open higher tomorrow, with prices expected to climb by 1,000 to 2,000 baht, potentially surpassing 80,000 baht. Huaseng Heng offered advice on the best time to buy gold, citing market factors that influence the price trend.