Gold Prices in Thailand Surge on October 28, 2026
The Gold Traders Association announced a significant increase in domestic gold prices, with gold ornaments reaching 65,700 baht per baht-weight.
On October 28, 2026, the Gold Traders Association of Thailand reported a sharp rise in domestic gold prices. According to the first announcement of the day at 9:02 a.m., prices increased by 900 baht compared to the closing figures from the previous day, October 27.
As of the latest update, gold bars are being purchased at 64,700 baht and sold at 64,900 baht per baht-weight. Meanwhile, 96.5% gold ornaments are being purchased at 63,399.12 baht and sold at 65,700 baht per baht-weight. The global market price for gold (Gold Spot) is currently recorded at 4,053.00 USD per ounce.
For residents and travelers, this significant fluctuation highlights the volatility of the local precious metals market. Those looking to buy or sell gold should be aware that these prices are subject to change throughout the day based on global market conditions and the Gold Traders Association's subsequent announcements. While these figures provide a snapshot of the current economic climate in Thailand, individuals should monitor official updates from the association or local gold shops before making financial decisions. It remains to be seen how these prices will stabilize or shift as global market trends continue to evolve throughout the week.
