Gold prices dropped 50 baht to 19,650.00 baht per baht-weight in Bangkok on Friday.
The Gold Traders Association announced the buying price at 19,550.00 baht and the selling price at 19,650.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,192.56 baht and 20,150.00 baht per baht-weight respectively.
On Thursday the buying and selling prices closed at 19,600.00 baht and 19,700.00 baht per baht-weight for gold bar and 19,253.20 baht and 20,200.00 baht per baht-weight for gold ornaments.
The prices were adjusted twice on Thursday, down 100 baht from the previous day.