Gold price drops after rising the previous day
The price of gold dropped by Bt50 per baht weight in morning trade on Friday after rising by Bt50 per baht weight at close on Thursday, the Gold Traders Association reported.
As of 9.31am, the buying price of a gold bar was Bt25,900 per baht weight and selling price Bt26,000 while gold ornaments were priced at Bt25,438.48 and Bt26,500, respectively.
At close on Thursday, the buying price of a gold bar was Bt25,950 per baht weight and selling price Bt26,050 while gold ornaments were Bt25,483.96 and Bt26,550, respectively.
The New York gold market was closed on Thursday for Thanksgiving Day.
