BANGKOK, thailand – August 9, 2025 – Gold prices in Thailand have surged to a new high, increasing by 9,550 baht from January 1st to August 9th, 2025. This marks a important increase compared to the 8,900 baht rise observed throughout the entirety of 2024.
The price escalation has drawn attention to the daily fluctuations in the gold market, wiht investors closely monitoring gains and losses.
According to data compiled by “Economic Base” from gold trading websites, the current gold prices are as follows:
Gold Bar
- Buying Price: 51,850 baht
- Selling Price: 51,950 baht
Gold Ornament
- Buying Price: 50,816.32 baht
- selling price: 52,750 baht
A detailed breakdown of the daily price adjustments reveals the following trends:
- January: Increased by 2,050 baht
- February: Increased by 1,850 baht
- March: Increased by 3,750 baht
- April: Increased by 1,950 baht
- may: Decreased by 750 baht
- June: Decreased by 550 baht
- July 1st: Increased by 700 baht
- July 2nd: Price remained unchanged
- July 3rd: Price remained unchanged
- July 4th: Decreased by 200 baht
- July 5th: Increased by 50 baht
- July 7th: Increased by 100 baht
- July 8th: Increased by 150 baht
- July 9th: Decreased by 250 baht
- July 10th: Increased by 300 baht
- July 11th: Increased by 100 baht
Context: Global Gold Market Trends
The recent surge in Thai gold prices mirrors a global trend driven by several factors, including geopolitical instability, inflation concerns, and fluctuations in the value of the Thai Baht against the US dollar. Gold is traditionally considered a safe-haven asset, and demand typically increases during times of economic uncertainty. The Bank of Thailand’s monetary policy and international gold market benchmarks, such as those set by the London Bullion Market Association (LBMA), also significantly influence domestic prices. analysts at Kitco Metals have predicted continued volatility in the gold market throughout the remainder of 2025, citing ongoing economic challenges and potential interest rate adjustments by the U.S. Federal Reserve.
Looking Ahead: Investor Considerations
For investors in Thailand, understanding these price dynamics is crucial. Factors to consider include the potential for further Baht devaluation, global economic forecasts, and the long-term outlook for gold as a store of value. Retail investors can purchase gold through various channels, including commercial banks, gold shops, and the Stock Exchange of Thailand (SET) through gold-backed Exchange Traded Funds (ETFs).
