Gold prices in Thailand take a slight dip today

Nattapong WestwoodPublished: 13:07, 29 December 2023| Updated: 13:07, 29 December 2023

154 1 minute read

Gold prices in Thailand take a slight dip today — Photo courtesy of wirestock (Freepik)

Photo courtesy of wirestock (Freepik)

Gold prices decreased today, according to the Gold Traders Association. The price of gold ornaments was adjusted to 34,100 baht (US$994) per baht-weight, a drop of 50 baht (US$1.46) compared to the final price on December 28. This adjustment was reflected in the latest data from the Association’s website at 9am today.

The selling price for 96.5% gold bars in the country is now 33,600 baht (US$979) per baht-weight, and the buying price is 33,500 baht (US$976). Gold ornaments of the same purity are being bought at 32,897.20 baht (US$958.9) and sold at 34,100 baht (US$993.8) per baht-weight. Meanwhile, the global gold price is at US$2,071.50 (71,073.17 baht) per ounce, reports Khaosod.

Nattapong Westwood

Nattapong Westwood is a Bangkok-born writer who is half Thai and half Aussie. He studied in an international school in Bangkok and then pursued journalism studies in Melbourne. Nattapong began his career as a freelance writer before joining Thaiger. His passion for news writing fuels his dedication to the craft, as he consistently strives to deliver engaging content to his audience.