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Gold Prices Rise in Thailand: August 28, 2026 Update

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Gold Prices Rise in Thailand: August 28, 2026 Update

The Gold Traders Association has announced a slight increase in domestic gold prices for August 28, 2026.

On August 28, 2026, the Gold Traders Association of Thailand released its first daily update regarding domestic gold prices. According to the report, gold prices have experienced a modest increase of 50 baht compared to the closing figures from the previous day, August 27.

As of the 9:08 a.m. announcement, gold bars are being purchased at 71,200 baht and sold at 71,400 baht per unit. For 96.5% gold ornaments, the purchase price is set at 69,781.48 baht, with a selling price of 72,200 baht. The global market price for gold (Gold Spot) is currently recorded at 4,580.00 USD per ounce.

For residents and travelers in Thailand, these fluctuations are primarily relevant for those engaged in local investment or the purchase of gold jewelry. While these figures provide a snapshot of the current market, gold prices in Thailand are subject to change throughout the day based on global market volatility and domestic demand. Those interested in trading or purchasing gold should monitor the Gold Traders Association’s official website for subsequent announcements, as the current data reflects only the first official declaration of the day. No further adjustments or long-term trends have been confirmed at this time.