Thai Gold Prices Tumble 1,350 Baht at Market Open
Thailand's Gold Traders Association announced a sharp 1,350 baht drop in gold prices at the October 23 market open, with gold jewelry selling at 64,800 baht per baht weight. Gold bars are priced at 63,800 baht buy and 64,000 baht sell, while global spot gold trades at $3,997 per ounce. Analysts are watching US inflation and Federal Reserve policy for signals on whether gold can recover toward $4,300-$4,400 or risk falling below $4,100.
The Gold Traders Association announced today's gold prices opening sharply lower on October 23, 2026. Gold jewelry sells at 64,800 baht per baht weight, down 1,350 baht compared to the final price on October 22. Referencing the latest data from the Gold Traders Association published at 9:06 AM, Announcement #1 sets domestic gold bar prices at 63,800 baht buy and 64,000 baht sell per baht weight. For 96.5% purity gold jewelry, buy price is 62,519.84 baht and sell price is 64,800 baht per baht weight. Meanwhile, global spot gold stands at $3,997 per ounce.
Summary for October 23, 2026 Announcement #1 Gold Bars Buy: 63,800 baht per baht weight Sell: 64,000 baht per baht weight
Gold Jewelry (96.5%) Buy: 62,519.84 baht per baht weight Sell: 64,800 baht per baht weight
Latest gold price updates available here. Market watch: Two gold signals to monitor — US inflation and Fed policy fueling hopes of a rebound to test $4,300. Gold in October eyes recovery to $4,400 with warning of a drop below $4,100 risking further decline.
