Thai Gold Prices Plunge 450 Baht Amid Market Drop
Gold prices in Thailand fell sharply on October 6, 2026, with gold jewelry dropping 450 baht to 66,700 baht per baht. The Gold Traders Association also reported lower rates for gold bars and highlighted the international spot price at $4,129.50 per ounce. Association leaders warned of a possible surge tomorrow, forecasting prices could exceed 80,000 baht, and offered guidance on when to buy.
On October 6, 2026, the Gold Traders Association reported that gold jewelry sold for 66,700 baht per baht, a drop of 450 baht from the day before. Gold bars were purchased at 65,700 baht and sold at 65,900 baht per baht. For 96.5% gold jewelry, the buying price was 64,384.52 baht and the selling price remained 66,700 baht per baht. The global spot price of gold was $4,129.50 per ounce. The association’s president predicted that when the market opens tomorrow, gold prices could rise by 1,000–2,000 baht, pushing the price above 80,000 baht. Huay Seng Heng offered advice on the best times to buy gold, highlighting the factors influencing the price trend.
