Gold prices dropped 50 baht to 19,700.00 baht per baht-weight in Bangkok on Monday.
The Gold Traders Association announced the buying price at 19,600.00 baht and the selling price at 19,700.00 baht per baht-weight for bullion.
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For ornaments, the buying and selling prices were 19,253.20 baht and 20,200.00 baht per baht-weight respectively.
On Saturday the buying and selling prices closed at 19,650.00 baht and 19,750.00 baht per baht-weight for gold bars and 19,298.68 baht and 20,250.00 baht per baht-weight for gold ornaments.
The prices were adjusted once on Saturday, up 50 baht from the previous day.
