Gold prices in Thailand saw a rapid increase, urging interested buyers to check the latest updates. Today, April 26, the price for gold ornaments surged to 41,350 baht, marking a 100 baht rise from the previous day’s close as reported by the Gold Traders Association (GTA) at 9.04am.
The global gold spot price hovers around US$2,333 (86,379 baht) per ounce, influencing local market trends.
The first announcement from the association regarding domestic markets detailed the following rates: for gold bars, the buying price is set at 40,750 baht per baht-weight, and the selling price at 40,850 baht.
Gold ornaments of the same purity are being purchased for 40,022 baht baht weightight and sold for 41,350 baht. These figures are indicative of the volatile nature of the gold market, reflecting a blend of local and international economic influences.
The surge in gold…
