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Friday, May 3, 2024

Drastic drop in Thai gold prices today following recent surge

Gold prices in Thailand have plummeted drastically today following a continuous surge, according to the Gold Traders Association. The price of gold ornaments fell by 250 baht compared to the last price yesterday, selling at 34,450 baht per baht-weight.

The buying price of gold bars in the country stands at 33,850 baht per baht-weight and the selling price is 33,950 baht per baht-weight, according to the sixth announcement of the day. Meanwhile, the purchase price for 96.5% gold ornaments is 33,245.88 baht per baht-weight, selling at 34,450 baht per baht-weight. The global gold spot price is at US$2,034.50 per ounce.

To summarize the gold prices today, the buying price for gold bars is at 33,850 baht per baht-weight, selling at 33,950 baht per baht-weight. The purchase price for gold ornaments is 33,245.88 baht per baht-weight, selling at 34,450 baht per baht-weight.

In the fifth…

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