On April 29, 2025, the gold prices in Thailand saw significant fluctuations as the Gold Traders Association announced multiple updates throughout the day. The prices were adjusted a total of eight times, with the most recent update occurring at 14:12, which reflected an increase of 100 baht compared to the previous day's closing prices.
According to the latest announcement, the buying price for gold bars was set at 52,300 baht, while the selling price stood at 52,400 baht. For gold ornaments, the buying price was 51,362.08 baht, and the selling price reached 53,200 baht. These prices indicate a standard gold purity of 96.5%, meaning that 96.5% of the gold is pure, with the remaining 3.5% comprising other metals such as silver and copper.
The day began with a notable increase in gold prices, starting with an announcement at 09:03 that reported a rise of 250 baht. This brought the gold bar selling price to 52,550 baht and the gold ornament selling price to 53,350 baht. However, this increase was followed by several adjustments throughout the day, reflecting the volatile nature of the gold market.
In the first announcement at 09:03, the gold prices were as follows: gold bars had a buying price of 52,450 baht and a selling price of 52,550 baht, while gold ornaments had a buying price of 51,498.52 baht and a selling price of 53,350 baht. Just 25 minutes later, in the second announcement at 09:28, the prices adjusted slightly downwards, with gold bars dropping to a buying price of 52,400 baht and a selling price of 52,500 baht. Gold ornaments also saw a decrease to a buying price of 51,453.04 baht and a selling price of 53,300 baht.
The third announcement at 10:01 further reflected a downward trend, with gold bars priced at 52,350 baht for buying and 52,450 baht for selling. Gold ornaments were adjusted to a buying price of 51,407.56 baht and a selling price of 53,250 baht. However, this trend reversed slightly in the subsequent announcement at 10:08, which reported a stabilization of prices, bringing gold bars back to a buying price of 52,300 baht and a selling price of 52,400 baht. Gold ornaments remained at a buying price of 51,362.08 baht and a selling price of 53,200 baht.
As the day progressed, the prices fluctuated again with adjustments at 13:31 and 13:59, where gold bars were priced at 52,300 baht for buying and 52,400 baht for selling, and gold ornaments were priced at 51,362.08 baht for buying and 53,200 baht for selling. The eighth and final announcement of the day at 14:12 confirmed these prices, indicating a stable end to the day’s trading.
The gold spot price, which is the global benchmark for gold trading, was reported at 3,316.00 USD per ounce on April 29, 2025. This figure reflects the international market's influence on domestic gold prices, as fluctuations in the global market can significantly impact local pricing.
As the gold market continues to experience volatility, investors and consumers alike are advised to stay informed of the latest price updates. The Gold Traders Association provides regular updates to ensure transparency and assist buyers and sellers in navigating this fluctuating market.
In summary, the gold prices in Thailand on April 29, 2025, showcased a dynamic trading environment, with multiple adjustments reflecting both local demand and international market conditions. With the closing prices indicating a slight increase from the previous day, stakeholders in the gold market remain vigilant as they monitor ongoing trends.
