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Gold Surges Past $3,386 โAmid Political โUncertainty,โ Reachesโ 51,850 Baht in Thailand
Table of Contents
BANGKOK, Thailand – Gold prices experienced a meaningful surge today,โ August 26, 2025, climbing above $3,386 per ounce globally and reaching 51,850 baht per baht weight in Thailand. The increase is reportedly linked to market reactions followingโฃ speculation regarding potential changes in the leadership of the U.S. Federal Reserve, specifically concerning the position of the current Governor under the management of President Donald Trump.
According to reports โคfrom Hua Seng Heng, a prominent gold โคdealer in Thailand, the price of gold barsโ reached a high of 51,750 baht for purchases and โ51,850 baht for sales. Simultaneously, gold ornaments were trading at 50,710.20 baht per baht weight for buying and 52,650 baht for selling.
The spot price of gold currently stands at $3,376.00 per ounce.
Priceโ Fluctuations โขThroughout the โคDay
Today’s trading saw multiple price adjustments:
| Time | Golden (Buy/Sell – Baht) | Gold (Buy/Sell – Baht) |
|---|---|---|
| 4th Adjustment | 51,750 / 51,850 | 50,710.2 / โ52,650 |
| 3rd Adjustment | 51,700 / 51,800 | 50,664.72 / 52,600 |
| 2nd Adjustment | 51,750 /โฃ 51,850 | 50,710.2 / 52,650 |
| 1st Adjustment | 51,700 โฃ/ 51,800 | 50,664.72 / 52,600 |
these fluctuations demonstrate the volatility in the gold market, driven by global economic and political developments.
Context: Gold as a Safe Haven Asset
Gold is traditionally considered a “safe haven” asset,meaning investors often turn to it during times of economic โขor political uncertainty. The perceived stability of gold helps to preserve wealth when other investments, such as stocks andโ bonds, โฃare experiencing volatility.
The current speculationโฃ surrounding potential changes at the Federal Reserve, coupled with ongoing geopolitical tensions, is โคlikely fueling the demand for gold. Changes in monetary policy, especially those impacting interest rates,โฃ can substantially influence the value of gold. A weaker dollar also tends to boost gold โฃprices, โas it becomes cheaper for investors holding other currencies to purchase.
Recent market activity, as reported by Thai PBS on August 18, 2025, showed fluctuations of +100 baht, while a report โฃon August 15, 2025, detailed a โขdecrease of 150 โbaht. Further โanalysis from Thai PBS on August 14, 2025, indicated fluctuations of +50 baht across eight trading sessions.